Bitcoin Remains Under Pressure
American stocks declined sharply on Friday, with the Dow Jones falling by over 800 points and the Nasdaq 100 shedding over 400 points. This performance is mostly because of the changing market conditions as inflation surges and the unemployment rate remains low. Still, there are lingering concerns about a recession considering that the yield curve inverted a few months ago. In a statement during the weekend, Larry Summers, who warned about inflation said:
Source: Digital Coin News (digitalcoinnews.net)
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