CoinShares Predicts Bitcoin Pump Amid Economic Recession
CoinShares sees that Bitcoin will rally amid economic recession. In particular, BTC will benefit from increasing interest rates and a weak dollar. The firm considers BTC as a “good insurance policy” amid the market uncertainty. CoinShares, a pioneer in digital asset investing, believes that the recession in the United States could lead Bitcoin into a bullish trend. In a Twitter thread post, CoinShares expound how the meeting of economic factors and government policy decisions are going to benefit Bitcoin, specifically in terms of its performance as the US enters the recession. The digital asset management firm predicts that Bitcoin will
