Engineered Recession Response? Theory Swirls as Tariffs Send Markets Reeling
- Recession fears rise sharply on Trump tariffs, Goldman Sachs hike; markets plunge
- Crypto crashes, losing $100 billion plus since April start; Bitcoin tests below $79k
- Focus now on Federal Reserve response to counter potential recession, market turmoil
Escalating recession fears rocked global financial markets Monday, evoking the ghost of 2008 for traders as crypto markets shed over $100 billion in value since April began. Bitcoin retreated below $79,000, currently near $75,700, while Ethereum tested $1,600.
Why Are Recession Fears Gripping Markets Now?
The sharp downturn follows President Donald Trump’s aggressive tariff implementation, combined with Goldman Sachs reportedly hiking its U.S. recession probability to 45%.
Increased risk aversion sent investors fleeing assets perceived as vulnerable to an economic slowdown. The Dow plunged late last week, and digital assets followed suit Monday as recession anxiety intensified, reflected in soaring Google searches for the term.
Is Panic Selling Confirming Recession Worries?
Signs of panic emerged, including whale activity. Lookonchain data showed a Bitcoin whale realizing a $2.53 million loss afte…
The post Engineered Recession Response? Theory Swirls as Tariffs Send Markets Reeling appeared first on Coin Edition.
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Engineered Recession Response? Theory Swirls as Tariffs Send Markets Reeling
- Recession fears rise sharply on Trump tariffs, Goldman Sachs hike; markets plunge
- Crypto crashes, losing $100 billion plus since April start; Bitcoin tests below $79k
- Focus now on Federal Reserve response to counter potential recession, market turmoil
Escalating recession fears rocked global financial markets Monday, evoking the ghost of 2008 for traders as crypto markets shed over $100 billion in value since April began. Bitcoin retreated below $79,000, currently near $75,700, while Ethereum tested $1,600.
Why Are Recession Fears Gripping Markets Now?
The sharp downturn follows President Donald Trump’s aggressive tariff implementation, combined with Goldman Sachs reportedly hiking its U.S. recession probability to 45%.
Increased risk aversion sent investors fleeing assets perceived as vulnerable to an economic slowdown. The Dow plunged late last week, and digital assets followed suit Monday as recession anxiety intensified, reflected in soaring Google searches for the term.
Is Panic Selling Confirming Recession Worries?
Signs of panic emerged, including whale activity. Lookonchain data showed a Bitcoin whale realizing a $2.53 million loss afte…
The post Engineered Recession Response? Theory Swirls as Tariffs Send Markets Reeling appeared first on Coin Edition.
Read More