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Fears of Recession Abound, Why This Bitcoin Price Recovery Could Be A Bull Trap

Fears of Recession Abound, Why This Bitcoin Price Recovery Could Be A Bull Trap


CoinGape
2024-09-09 09:48:21

The recent crypto recovery market comes amidst growing fears of a recession in the United States and a struggling Bitcoin price, fueled by a series of concerning economic indicators. Last week’s disappointing manufacturing PMI data, coupled with a softening labor market report on Friday, September 6, has left investors on edge. While the cryptocurrency market The post Fears of Recession Abound, Why This Bitcoin Price Recovery Could Be A Bull Trap appeared first on CoinGape .


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