Bitcoin Faces Turbulence As US Recession Odds Exceed 50%
Bitcoin investors are on high alert following significant news that US recession odds have now climbed above 50%. This alarming figure, reported by Kalshi, reflects an 8.1% increase from earlier estimates, now standing at 53%. Additionally, Polymarket shows recession odds even higher at 54%. The catalyst for this surge in recession fears is President Donald Trump’s recent “Liberation Day” tariff announcement made on April 2, which raises concerns about a potential economic downturn. As the economy wavers, Bitcoin’s price may experience volatility, making it imperative for investors to stay informed.