TL;DR
Forbes indicates that a US economic downturn could boost cryptocurrencies, especially Bitcoin, Ripple, and Ethereum.
Predictions from experts like Christopher Wood and Robert Kiyosaki suggest a shift from the US dollar to Bitcoin and gold.
Following legal wins against the US SEC, Ripple’s XRP could further benefit from the 2024 trial and potential banking partnerships.
Financial Crash = Crypto Bull Market?
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.
The entity estimated that such a dark-case scenario could be highly beneficial to the cryptocurrency industry, with Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and other assets rallying towards fresh peaks amid the uncertainty in tr
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