The post Expert Warns of Massive Correction for Bitcoin and Ethereum as US Economy Teeters on Recession appeared first on Coinpedia Fintech News
Bitcoin (BTC) and Ethereum (ETH) have all fallen to significant resistance levels of $30,000 and $2,000, respectively. This comes as the Federal Reserve’s tightening could result in a stock market downturn and a recession, which could impact all risk assets, including cryptocurrencies. Potential Pullback Risks Amid Recession Despite their strong performance since the start of …