South Korean Crypto Investors Fear Recession’s Impact on Bitcoin Prices

A recent survey reveals that South Korean cryptocurrency investors are increasingly worried about a US recession and its potential impact on the crypto market. Over 48% of respondents believe a US recession will occur in 2024, while another 39% predict it will strike next year. This widespread concern is significantly affecting Bitcoin price predictions, leading to increased volatility within the cryptocurrency sector. The survey, conducted by Bitcoin World and Cratos from April 7th to 11th, polled over 2,000 South Korean individuals deeply involved in the cryptocurrency market. Let’s delve into the key insights of this revealing study and explore how it may impact the future of crypto investments.