Despite Bitcoin’s recent resilience against recession fears, the cryptocurrency market remains susceptible to further downturns. Crypto management firm Bitwise highlights this possibility in their latest report. The firm observed that Bitcoin historically experienced a significant drop during previous recessions (e.g., the 2020 COVID-19 downturn). However, it rebounded with a remarkable surge of 300% after the year’s end. This suggests that some recession-related concerns may already be priced into Bitcoin’s current valuation. Analysts warn that persistent declines in equity markets could exacerbate this pressure on Bitcoin, leading to additional downside risk. The report further points to