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Crypto Market Rebounds as US Economy Stabilizes – Can Bitcoin Hit $100K?

Meanwhile crypto continues to be a hot topic in the US Presidential race.

Author

Rich Webb
August 20, 2024 • Read Time: 7 minutes

The tides may be turning for the U.S. economy. According to the Conference Board, the nation's leading economic indicators are no longer flashing red for an impending recession.

This subtle shift has significant implications for the cryptocurrency market, which recently took a hit amid broader economic uncertainties.

However, the bad news may not be over yet. Let's dive in!

  • Leading economic indicators still showing slowdown, but no recession. — Read More

  • Kamala Harris is considering SEC Chairman Gary Gensler for Treasury Secretary if elected, drawing concerns from Republicans. — Read More

  • Ron Conway leaves Fairshake PAC over $12M effort to unseat Sen. Sherrod Brown. — Read More

  • No mention of crypto in US Democratic Party’s 2024 platform, raising doubts about pro-crypto promises. — Read More

  • Dubai court rules that salaries can be paid in cryptocurrency, aligning with global digital finance trends. — Read More

  • China updates AML laws to include virtual assets, imposing severe penalties for offenders. — Read More

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