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  1. Home
  2. /Glossary
  3. /Recession
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macro

Recession

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.

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Related Terms

GDP (Gross Domestic Product)

The total value of goods and services produced in a country over a period, usually a quarter or year.

Bear Market

A prolonged period where prices fall 20% or more from recent highs.

Basis Point

One hundredth of a percentage point (0.

CBDC (Central Bank Digital Currency)

A digital form of a country's official currency issued and controlled by its central bank.

Consumer Price Index (CPI)

A measure of average price changes for a basket of consumer goods and services.

Crypto Custody Regulation

Rules governing how institutions store and safeguard crypto assets on behalf of clients.

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