2022-7-28 15:51 |
The U.S. has reported its second consecutive quarterly decline in Gross Domestic Product growth. U.S. GDP Shrinks by 0.9% The U.S. economy is in a technical recession. According to data... origin »
Bitcoin price in Telegram @btc_price_every_hour
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The latest price moves in crypto markets in context for July 28, 2022.
2022-7-28 16:55 | |
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A widely used technical definition says that two consecutive quarters of negative GDP means the economy is in a recession.
2022-7-28 15:46 | |
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Coinbase and MicroStrategy stocks have also taken a battering today as crypto and global financial markets await the next Federal Reserve meeting and upcoming Q2 GDP print. Crypto Market Slides...
2022-7-27 20:35 | |
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The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP).
2022-3-4 15:43 | |
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Comparing the economic disruption by the pandemic of 2020 and Great Recession of 2008 in terms of policy differences and economic responses.
2021-7-10 13:00 | |
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Coinspeaker UK Slips into Recession as Economic Output Collapses 20% in Second QuarterThe United Kingdom has witnessed one of its worst GDP contraction during Q2 2020 owing to lockdowns initiated by the government after the outbreak of the coronavirus pandemic.
2020-8-13 13:33 | |
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U.S. GDP crashed in the first quarter, but the numbers would have been worse if not for bogus BEA data revisions. The post GDP Screams U.S. Recession Has Begun, but ‘Real GDP’ Is Far More Terrifying appeared first on CCN.com
2020-4-30 23:26 | |
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India's GDP growth fell to a six-year low in Q2, but the country's government is in denial while the economy reels under a recession. The post Growth Recession Chokes India as GDP Tumbles, and No One Seems to Care appeared first on CCN.com
2019-12-7 12:00 | |
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The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation.
2019-11-15 07:00 | |
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Dow Jones Industrial Average (DJIA) futures traded marginally lower on Friday, pointing toward a skittish opening for the stock market as weak Chinese GDP numbers stoked fears of a global recession.
2019-10-21 13:27 | |
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Japan's economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government's planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan's GDP output later this year, plunging the country closer to recession.
2019-9-9 02:51 | |
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Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the effects of broad-based economic decline.
2019-8-16 22:42 | |
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The past two decades have been marked by a period of sharp peaks and troughs for Brazil, the largest country in Latin America. On one hand, the country has undergone an impressive economic transformation, which led to Forbes in 2012 naming Brazil “one of the most entrepreneurial countries in the world”.
2019-8-5 18:21 | |
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The Dow lagged the broader U. S. stock market on Friday after Dow Inc. (NYSE:DOW), one of its major components, reported declining second-quarter profits and lowered its guidance for capital expenditures.
2019-7-27 22:00 | |
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By CCN Markets: Presidential hopeful Bernie Sanders has reportedly called for a full-blown “political revolution” to fix the U. S. economy. Meanwhile, popular metrics such as the stock market and GDP point to economic vigor.
2019-6-17 03:00 | |
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As President Donald Trump continues sounding a triumphalist tone on the subject of the economy, there are developing signs that point to a brewing recession. Fear of a slowdown is the primary reason why the Federal Reserve declined to raise interest rates at the start of the year, and now it seems that these fears are well-founded.
2019-3-24 21:02 | |
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Macro trends suggest that a global economic crisis could be looming. Worries about a global recession have been fed by the newly published GDP report showing that China grew at its slowest rate last year since 1990.
2019-1-24 17:38 | |
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Fundstrat Survey Says Investors Believe Cryptocurrencies Would Rise During a Recession During recession growth rates start to fall all over the world. In order to be considered a recession, it needs to have two consecutive quarters of falling GDP.
2018-10-7 23:01 | |
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Bitcoin, altcoins, and the stock market are down on Wednesday after a series of weak economic data from the United States. Bitcoin (BTC) price dropped below $94,000, much lower than this month’s high of $96,000. Similarly, top altcoins like Ripple…
Legendary investor Paul Tudor Jones lays out his recession trades including Bitcoin
Arguably the most important takeaway from yesterday’s FOMC meeting was that the U. S. Federal Reserve (Fed) is no longer forecasting a recession, which led to a cautious rally in Bitcoin and crypto markets today.
Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry.
A political deadlock looms over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.
BTC price continues to show strength, and derivatives data suggests that bulls intend to press Bitcoin higher.
According to Bloomberg's senior commodity analyst, BTC is currently untouchable and could go all the way. However he asserts that a recession will likely affect the commodity as well.