Bitcoin Would Survive Recession, But Ethereum Might Crater: Tech VC

2019-3-12 22:47

Bitcoin would survive a recession, while Ethereum would suffer and Ripple’s XRP would remain unaffected. That’s the prediction of Kyle Chapman, a partner with tech venture capital firm Cosimo Ventures.

Chapman wrote in Barron’s that a recession would not hurt bitcoin because it’s decentralized and is mostly independent of the stock market’s cyclical undulations. Fed Chair: Relax, No Recession In 2019 Meanwhile, Federal Reserve chairman Jerome Powell does not believe a U. S. recession will happen anytime soon. Other economists, like Allianz’s Mohamed El-Erian, agree. “The outlook for our economy is a favorable one,” Powell told 60 Minutes on March 10.

The post Bitcoin Would Survive Recession, But Ethereum Might Crater: Tech VC appeared first on CCN

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recession bitcoin survive ethereum tech chapman crater

Источник: ccn.com

recession bitcoin → Результатов: 41


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