Bitcoin Is Recession Proof: Key Comparative Data Ahead Of FOMC

Even as concerns of a potential economic recession loom over the markets, the cryptocurrency space appears relatively less volatile. Interestingly, the White House had in a blog last week discussed what exactly is the official definition of recession. It is unlikely that the recent decline could mean we are in a recession, it said. This brings to the question as to how would Bitcoin perform if the economy were to enter a recession in the future.