$1 Invested In Bitcoin, Gold In 2009 Is Now Worth...
A day back, IMF Chief Kristalina Georgieva warned that 1/3rd of the global economy will be in recession this year. She also cautioned that 2023 will be “tougher” than last year as major economies including the US, EU and China will see their economies slow down. Georgieva added, “Even in countries that are not in recession, it would feel like a recession for hundreds of millions of people.” In fact, the probability of another wave of recession hitting the US shores in the next 12 months is 65%. The median chance for a U.S. recession is 65% in the next 12 months. pic.twitter.com/ujh05BPwtG — Market Sentiment (@mkt_sentiment) December 31, 2022 Also Read – Bitcoin: Will 2019’s Tale Repeat In 2023? With economic woes deepening, the investor class is looking toward assets that can help them sail through this phase. The past year was quite disappointing. Bitcoin depreciated by more than 60% and wasn’t essentially ab...