Bitfinex analyst: Bitcoin may become a "safe-haven asset," while altcoins are more susceptible to economic downturns

ChainCatcher news, according to The Block, Nansen analyst Aurelie Barthere estimates that the likelihood of an economic recession this year is 40%.

Bitfinex analysts state that during an economic recession, Bitcoin can act as a "safe-haven asset." Although the overall cryptocurrency market may be affected, altcoins in the broader crypto market may be impacted due to decreased liquidity and risk appetite. Investors may become more risk-averse, shifting funds from high-risk assets like small cryptocurrencies to safer investments.