How would a global recession affect cryptocurrencies?
Those that bought into the BitCoin as a safe haven asset lie are going to get wiped out.
Hard Facts
I do not believe this your statement to be true. bitcoin price now and before the global COVID19 pandemic started is relatively not a wide gap. In fact, at the end of 2019, the price of bitcoin was around 6k and presently it is above this. people have been coming with different theories on how the pandemic has affected the price but very few are talking about what propels the current rise in BTC price