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.

Master Asked on July 31, 2020 in Bitcoin.
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