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Germany is now in a recession - will this bring back the crypto bull?

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by COINS NEWS 10 Views

Today it was announced that one of Europe's biggest and most stable economy, Germany, is now officially in a recession. It's quite possible that interest rates could be brought down to stimulate the economy as a result. This would then mean more investment flow into companies, stocks and other assets like crypto. In other words - bringing back the bull market in crypto (assuming the economic state of Germany can be extrapolated onto other western economies, which is likely)

Counter argument: Interest rates may stay high or even rise as inflation is still running red hot in Germany and this also needs to be addressed.

What do you guys think? Let me know your thoughts!

TLDR: Germany is in a recession and interest rates may fall, which could impact investment flow into crypto and mark the start of a new bull cycle.

submitted by /u/MCThrAwa
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