The Fed’s aggressive tightening policies are putting enormous pressure on the U.S. economy, leading some experts to predict a recession next year.
Alex Mashinsky, CEO of Celsius Network, said in an interview with Kitco News that his ideal strategy in this case would be to not boycott the Fed, which is to exit the U.S. stock market.
“From the beginning of the year, the stock market fell, but Bitcoin has actually recovered most of its lost ground,” Mashinsky said. “You’ve seen the two diverge, which means Bitcoin is finally starting to be a safe asset, which is why I again Sell stocks, buy more Bitcoin.”