Recession risk hits historic danger zone, setting up Bitcoin’s biggest test yet

Bitcoin is heading toward its first real recession-era test as a mature institutional asset after Moody’s recession model rose to 48.6%, a level that, in that historical series, has not previously been reached without a recession following within 12 months. The historical ‘point of no return' signal arrives as US growth slows, the labor market […] The post Recession risk hits historic danger zone, setting up Bitcoin’s biggest test yet appeared first on CryptoSlate.