Odaily Planet Daily News Nansen analyst Aurelie Barthere estimates that the probability of a recession this year is 40%. Bitfinex analysts said that during a recession, Bitcoin can act as a "safe haven asset". Although the overall cryptocurrency market may be affected, the broader crypto market, especially altcoins, may be affected by declining liquidity and risk appetite. Investors may become more risk-averse and transfer funds from high-risk assets such as small cryptocurrencies to safer investments. (TheBlock)