You are currently viewing BofA: Crypto Buying Momentum Fades as Investors Weigh Bear-Market Bounce, Recession Risk

BofA: Crypto Buying Momentum Fades as Investors Weigh Bear-Market Bounce, Recession Risk




Crypto investors are switching into stablecoins and out of more volatile assets due to uncertainty about the sustainability of the “bear-market bounce” and the potential for a hard recession in the U.S., Bank of America said.



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