Macroeconomic turmoil, especially in the US financial system, may once again highlight Bitcoin (BTC) as a safe haven investment.
Analyst The Spread Thread commented on a recent social media in sharing, US treasury yield The curve indicates that a recession may occur soon he stated that he pointed out.
of the USA One of the safest investment tools A possible decline in treasury yields is due to Bitcoin, especially Bitcoin.safe harborIt was predicted that it could increase the demand for investments that stand out with the “narrative”.
Cryptocurrency investors and analysts quote The Spread Thread’s post: In order for the bull process to continue in a harder and sharper upward direction He suggested that such data was necessary.
Considered in line with the general opinion in the market, Recessions based on burning money and contraction The decline in consumer and business confidence seen during the period may result in decreased demand for Bitcoin and technology stocks. Especially Interest rate hike and money burning policies of the USA in 2022created exactly this kind of impact and resulted in the assets in question. big sales had been seen.
But US Federal Reserve (FED)) a potential monetary easing to counter a recession and the resulting decline in the dollar index (DXY) As seen in 2020 during and after the covid 19 pandemic It has the potential to drag the cryptocurrency market and other risky investments into a serious bull run.