The virtual currency has made several leaps in recent weeks, including one of over 10% that reached the psychological threshold of $12,000 a share.
With a decline in GDP two quarters in a row, the UK is officially in recession for the first time in 11 years. The GDP fell by 2.2% between January and March 2020 and shrank further by 20.4% between April and June. This is the country’s worst crash since quarterly records began in 1955.
The 20% recession announced by economists on European and American markets in the first quarter of 2020 has thus far remained below previous economic crises. Have we really taken into account the magnitude of the coming situation or are we witnessing resistance from stock markets over the long term?