Originally aired on June 20, 2023
Nick Black discusses the correlation between tech investment and cryptocurrency market cycles and how the current recession may lead to job layoffs, resulting in lower investment. However, this presents an opportunity for investors to buy at lower prices.
How do tech investment and the current recession influence the cryptocurrency market?
- Cryptocurrency market cycles correlate with tech investment in the macro.
- The current recession may lead to layoffs, resulting in decreased investment.
What opportunities does the current market present for cryptocurrency investors?
- Job layoffs may lead to lower investment, presenting an opportunity for investors to buy at lower prices.