Yet another month has gone by in the world of cryptocurrency. Bitcoin continues to move sideways, and EOS and other cryptocurrencies continue to follow along with it. In terms of price, this month has been relatively quiet. But, if you’re anything like me, you’ve been paying attention to the larger market, particularly the US economy, and wondering when the Fed will pivot, and thus marked the return to easy money mode; after all, Elon Musk accused the Fed of “massively amplifying” the risk of a severe recession in 2023; if Elon Musk is correct, it appears that the US economy could have severe headwinds in our future, which could have a positive or negative effect on conjoining markets, including the current crypto market in general. In this video we will be going over a recent article I read by forbes dot com called “Recession Fears: Are We (Unofficially) In A Recession Now?”
OK let’s get started.