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Markets Signal An Imminent Recession – What Does That Spell For Bitcoin?

Stock Market Warning Signs

The stock market has seen some concerning signs over the past few weeks that are worth paying attention to.

So far, over the past two months:

Consumer Staples have outperformed the S&P 500 by 14%

Utilities have outperformed the S&P 500 by 11%

These two sectors are what is called “defensive”, meaning it is what the equity market rotates into ahead of recessions. Now, in the larger context, both of these are still in a larger downtrend against the broader market, but these recent signals in the equity market aren’t the only warning shot.

We’ve seen AI-driven fears permeate all varieties of US equities. Everything from cybersecurity stocks to wealth management, to…

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