Quick take: The US economy shrunk by 32.9% in the second quarter of 2020. This is the deepest decline since the US government started keeping records in 1947. Bitcoin’s fate tied to that of the stock markets, and the news of a contracting US economy might pause BTC’s rally. During the second quarter of 2020, the US economy has shrunk by a staggering 32.9%. According to reports, this is the largest contraction of the US economy since the government started […]
