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Whats Going On With Crypto?

As I check out the Dow Jones Industrial Average (DJI), down more than 13% from its all-time high on January 5th, 2022, inflation at a 40-year high, most analysts believe that we’re already in a bear market.

By Brian L. Johnson

BTC/USD
XRP, Ripple
Doge Coin
Shiba INU

On the contrary, the US Dollar (DXY) is at a five-year high. 

Most top analysts think we’re in the midst of or even headed towards a recession and or depression. 

  • What is a recession? A recession is a period of temporary declining economic performance across an entire economy, generally identified by a fall in GDP (Gross Domestic Product) in two successive quarters.
  • What is an economic depression? A prolonged and severe downturn in economic activity. In economics, a depression is an extreme recession that lasts three or more years and leads to a decline in GDP of 10% or more.

The thing some investors think is contradictory is that although inflation is at a 40-year high, “how can the USDollar” appear to be headed towards multi-year highs. In other words, the Dollar should be weakening instead of strengthening.

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https://www.wral.com/weldon-distillery-leads-to-tourism-other-development-projects/19785253/

https://www.wral.com/weldon-distillery-leads-to-tourism-other-development-projects/19785253

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