Crypto Blog
Forbes indicates that a US economic downturn could boost cryptocurrencies, especially Bitcoin, Ripple, and Ethereum.
Following legal wins against the US SEC, Ripple’s XRP could further benefit from the 2024 trial and potential banking partnerships.The American business magazine – Forbes – released a recent report, according to which the American economy and the country’s official currency might collapse due to various reasons. Some factors contributing to the potential catastrophe are the US “debt death spiral” and the mass printing of fiat initiated by the Federal Reserve.
Forbes is not the only entity that has predicted a crypto bull market in case of a future economic crisis. The Japanese-American entrepreneur and author – Robert Kiyosaki –earlier this year that the US dollar “will die,” urging investors to focus on BTC and precious metals.
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