Bitcoin Battles $23,000 as Data Shows the U.S. Is in a ‘Technical Recession.’
[ad_1] Despite statements from the Fed and Congress, the United States GDP reading for Q2 fits the criteria of a recession. On the July 28 Wall Street open, Bitcoin (BTC) regained additional lost territory amid uncertainty about whether the United States has entered a new recession. Analysts Call Recession for the United States on GDP Print BTC/USD approached $23,000 for support after a run-up on the previous day's Federal Reserve