Bitcoin Shines….While US GDP Has Worst Quarterly Drop In Its History
The US GDP saw a 32.9% (!!!) drop in Q2….all the while Bitcoin and crypto shines brightly….
US GDP takes historic hit in Q2 as Bitcoin, crypto markets rise
- The United States just witnessed the worst quarterly drop of its GDP in history.
- Reports of the 32.9% plunge come alongside another 1.4 million in unemployment claims.
- By contrast, Bitcoin’s market cap doubled during that same timeframe. And Ethereum has fared even better.