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Bitcoin (BTC) was fighting to keep $7,000 support on April 17 as China saw a historical GDP contraction and oil sank to prices last seen in 1987.Cryptocurrency market daily overview. Source: Coin360BTC price uncertain at $7,000Data from Coin360 and Cointelegraph Markets showed BTC/USD repeatedly testing the $7,000 mark as
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The Atlanta Fed’s GDP Tracker is projecting annual growth of 2.7% in the first quarter despite the onset of coronavirus. If the forecast holds, it would mark the highest rate of expansion for the U.S. economy since Q1 2019. Fed prognosticators are notoriously bad at predicting the future. Their
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Global economic headwinds are reaching critical levels after a horrific Japanese GDP figure on Sunday. With China, Germany and Japan all slowing even before the coronavirus hit, recession risks continue to rise. The great divergence between economic fundamentals and stock market returns continues as Dow Jones, S&P 500 and Nasdaq futures rose
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