Cryptocurrency News Today – Headlines for April 24

• Analyst says he will accumulate cryptocurrencies
• Cryptocurrencies will remain closely correlated to traditional markets
• Bitcoin may drop to as low as the $4,800 mark

Cryptocurrency News Today – cryptocurrency analyst Cole Garner has hinted that the global economy appears to be nowhere near a bottom. Hence, Bitcoin and Ethereum alongside the wider digital asset market will be badly affected. The analyst aired his opinion via his Twitter page. In a series of Tweets, Garner said we are likely far away from the end of the ongoing economic decline.

Garner Claims the World is Heading for a Recession

During a massive tweet-storm, Garner asked the billionaire hedge fund manager, Ray Dalio to say what he thinks about the direction of the global economy. During the recent Ted Connects talk, Dalio said the world is heading toward a depression. He said it’s like what happened in the 1930s that entailed many years of recovery and restructuring of financial models. Here is what Dalio…