Recession Fears Bloodbath: Why is Crypto Market Crashing?

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Recession Fears Bloodbath: Why is Crypto Market Crashing?substack.com
substack.com

Recession fears bloodbath: Why is crypto market crashing

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Bitcoin and Ether have fallen about 10% and Solana about 20% over the past seven days. The drop is attributed to a catalyst from traditional stock markets rather than crypto itself, and it is compared to a similar slump in early July, when Germany began selling its BTC. The available text cuts off before its full explanation of stock market, interest rate and unemployment factors.

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