Bitcoin On High Alert: US Recession Odds Top 50% On Kalshi 📉
Bitcoin is under scrutiny as US recession probabilities spike, fueled by President Trump's "Liberation Day" tariff escalation. Prediction markets Kalshi and Polymarket see recession odds over 50%, impacting Bitcoin's potential. Market sentiment shows concern over the economic landscape, yet some believe Bitcoin could serve as 'digital gold'.
The Federal Reserve's rate-cutting outlook may offer Bitcoin a bullish path, though volatility is expected. Analysts debate the interplay between monetary easing and recession impact. Anticipation builds for Federal Reserve Chair Jerome Powell's speech, viewed as crucial amid economic tensions.
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