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An economic downturn typically defined as two consecutive quarters of declining GDP.
Definition
An economic downturn typically defined as two consecutive quarters of declining GDP. Recessions bring job losses, reduced spending, and falling asset prices. Crypto hasn't existed through many recessions, so its behavior is still uncertain.
Related Terms
The total value of goods and services produced in a country over a period, usually a quarter or year.
A prolonged period where prices fall 20% or more from recent highs.
One hundredth of a percentage point (0.
A digital form of a country's official currency issued and controlled by its central bank.
A measure of average price changes for a basket of consumer goods and services.
Rules governing how institutions store and safeguard crypto assets on behalf of clients.
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