[Blockchain News] Good news! According to BlockBeats, Coinbase's latest weekly report predicts that the US economy may peak in the second quarter of 2024. However, if the US economy subsequently falls into recession, retail investors may have doubts about holding new stock or cryptocurrency positions. 🤔
More interestingly, the report also mentioned that no matter which candidate wins the US election in November, it may trigger more fiscal expansion. This undoubtedly provides new development opportunities for cryptocurrencies such as Bitcoin, and also brings new thinking to investors. 💡
Does this mean that cryptocurrencies such as Bitcoin may become a powerful alternative to the traditional financial system? We will wait and see. 😉
What do you think about this? Welcome to speak freely in the comment area, let us explore the future trends of the blockchain industry together!