The behavior in global financial markets is a classic late-cycle characteristic and not a signal of an imminent recession, Singapore-based crypto trading firm QCP Capital said in a Wednesday note, referring to a broad-based correction across equities, gold, and crypto markets. Bitcoin is trading flat over the past 24 hours at around $91,750, attempting a recovery after a brief dip below $90,000, according to CoinGecko data. The pullback was amplified by thinner liquidity and persistent spot Bitcoin ETF ou ...