Bitfinex analyst: Bitcoin could become a “safe haven asset” while altcoins are more vulnerable to recession

Nansen analyst Aurelie Barthere estimates that there is a 40% chance of a recession this year, and Bitfinex analysts say that Bitcoin can act as a "safe haven asset" during a recession. Although the overall cryptocurrency market may be affected, the broader crypto market, especially altcoins, may be affected by declining liquidity and risk appetite. Investors may become more risk-averse and transfer funds from high-risk assets such as small cryptocurrencies to safer investments. (TheBlock)