24-09-2019 15:00 via newsbtc.com

Central Banks Can’t Deny Bitcoin amid Recession; Here’s Why

It is difficult for central banks and governments to deny and ban bitcoin amid a recession, according to prominent market analyst PlanB.
The Twitterati on Tuesday said the cryptocurrency needs to show a negative correlation with the macroeconomic market: such that the value of one variable increases while the other decreases. The next recession is a “stress test” for bitcoin, a non-sovereign asset, which has remained an uncorrelated one for the last ten years. PlanB believes the cryp
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