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Bank of America: Crypto Can Outperform Stocks Amid Potential Fed-Propelled Recession

Bitcoin and other cryptocurrencies could outperform bonds and stocks amid a potential recession, noted Michael Hartnett, BofA’s chief investment strategist. In a recent note, he argued that the US Federal…

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Crypto Market Cap Drops Below $2T as Bitcoin Slides to 17-Day Low (Weekend Watch)

Bitcoin’s recent nosedives continued in the past 24 hours, and the asset slipped to a 17-day low of around $42,000. Most altcoins are also deep in the red, with the…

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Bitcoin Corrects Below $44K as Markets Bleed $70 Billion: This Week’s Crypto Recap

The past week was filled with serious volatility, but unfortunately, a lot of it was to the downside. Bitcoin is currently trading at around $43,800, down 3.6% during the week.…

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Market Watch: Bitcoin Eyes $44K, NEAR Skyrockets 24%

After a few days of freefalls and touching a 2-week low, bitcoin has bounced off and is close to $44,000. The altcoins are also slightly in the green today, but…

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US Treasury Secretary Janet Yellen Warns of Global Economic Impact of War in Ukraine

US Treasury Secretary Janet Yellen alerted that Putin’s “special military operation” in Ukraine “will have enormous economic repercussion for the world.” She added that the US authorities plan to impose…

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