Currencies34097
Market Cap$ 4.16T+1.69%
24h Spot Volume$ 95.90B+14.1%
DominanceBTC57.07%-0.84%ETH11.01%+0.68%
ETH Gas1.84 Gwei
Cryptorank

Elon Musk Pushes GDP Growth Strategy to Combat Rising U.S. Debt and Recession Fears


by Lisa walter
for CoinEdition
Elon Musk’s Economic Plan to Tackle U.S. Recession Fears
  • Elon Musk’s DOGE strategy focuses on boosting GDP growth to prevent a U.S. recession.
  • U.S. Treasury yields hit 4.5%, increasing recession odds to 43% and triggering market volatility.
  • Despite tariff uncertainty, Musk’s Tesla remains bullish on Bitcoin, holding $1.25 billion.

Elon Musk’s Department of Government Efficiency (DOGE) has revealed a strategy to help the U.S. economy. To prevent a recession, Musk is working on ways to quickly increase the nation’s GDP, as foreign trade tensions and high Treasury yields are further causing concern.

He underlined how important it is for the economy to grow rapidly. In Musk’s view, although DOGE postpones fiscal problems in America, the country could only escape bankruptcy with major boosts in productivity. 

Rising Yields and Tariffs Fuel Economic Uncertainty

Treasury yields in the United States have climbed quickly, with the 10-Year Treasury yield now at 4.5%. Such a spike is leading people to be worried about an economic slowdown. Kalshi data reveals that there is now a 43% chance of a US recession. These factors have increased the cha…

The post Elon Musk Pushes GDP Growth Strategy to Combat Rising U.S. Debt and Recession Fears appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Record Inflows Boost Digital Asset Investments in 2025

Record Inflows Boost Digital Asset Investments in 2025

Detail: https://coincu.com/349876-record-inflows-digital-assets-2025/
Conflux (CFX) Climbs to 7-Month High Amid 100% Price Rally

Conflux (CFX) Climbs to 7-Month High Amid 100% Price Rally

Conflux (CFX), one of the leading public blockchains in China, has emerged as the top...

Elon Musk Pushes GDP Growth Strategy to Combat Rising U.S. Debt and Recession Fears


by Lisa walter
for CoinEdition
Elon Musk’s Economic Plan to Tackle U.S. Recession Fears
  • Elon Musk’s DOGE strategy focuses on boosting GDP growth to prevent a U.S. recession.
  • U.S. Treasury yields hit 4.5%, increasing recession odds to 43% and triggering market volatility.
  • Despite tariff uncertainty, Musk’s Tesla remains bullish on Bitcoin, holding $1.25 billion.

Elon Musk’s Department of Government Efficiency (DOGE) has revealed a strategy to help the U.S. economy. To prevent a recession, Musk is working on ways to quickly increase the nation’s GDP, as foreign trade tensions and high Treasury yields are further causing concern.

He underlined how important it is for the economy to grow rapidly. In Musk’s view, although DOGE postpones fiscal problems in America, the country could only escape bankruptcy with major boosts in productivity. 

Rising Yields and Tariffs Fuel Economic Uncertainty

Treasury yields in the United States have climbed quickly, with the 10-Year Treasury yield now at 4.5%. Such a spike is leading people to be worried about an economic slowdown. Kalshi data reveals that there is now a 43% chance of a US recession. These factors have increased the cha…

The post Elon Musk Pushes GDP Growth Strategy to Combat Rising U.S. Debt and Recession Fears appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Record Inflows Boost Digital Asset Investments in 2025

Record Inflows Boost Digital Asset Investments in 2025

Detail: https://coincu.com/349876-record-inflows-digital-assets-2025/
Conflux (CFX) Climbs to 7-Month High Amid 100% Price Rally

Conflux (CFX) Climbs to 7-Month High Amid 100% Price Rally

Conflux (CFX), one of the leading public blockchains in China, has emerged as the top...