Just because it was done in the 2008 financial crisis doesn't mean they're expecting one this time around -- the US economy is actually having a
solid performance by most indicators.
I guess it depends who you ask. I've noticed a significant uptick in recession talk lately. Things like this:
Hi all, I'm new to Crypto market. Would like to ask will US drop interest rate affect Crypto market in future ? Because I heard some people said that US drop interest rate = create biggest bubble and might explode next year (financial crisis). If this financial crisis happen, will it affect Crypto market ? If yes, will Crypto market rise or drop ... ?
Financial crises tend to negatively affect speculative and investment assets, so common sense says that applies to Bitcoin as well. The question is,
how much will it affect Bitcoin? Nobody here knows for sure.