As many of us dumb people would have thought that the basic economical definition of recession that is widely used from every economist, that two consecutive negative GDP quarters are a recession, would now happen. Little did we know that we are not a recession at all guys, why? Because the US government is seemingly just changing the definition of recession and with that all out problems just magically disappeared.
But seriously, changing the definition does not change the situation. Those are now just blatant lies to the public. We are still in just as much of a bad situation for Crypto markets as before, GDP will be negative for a lot of more quarters to come and how often will they just change the definition? Don’t try to make your trades based on political games.