Commerce Secretary Lutnick Dismisses Recession Fears Amid Falling Bitcoin Prices
Despite Bitcoin’s recent decline to $80,000, Commerce Secretary Lutnick has confidently dismissed recession concerns. In a statement, he stated that the economy remains resilient, even as market pessimism grows due to fluctuations in Bitcoin’s value. The impending implementation of new tariffs by Trump has added to market nervousness. Still, Lutnick assures the public that these economic fears are not grounded in reality. Experts are debating whether political decisions or market corrections will dominate Bitcoin’s trajectory in the coming months. Investors are urged to remain informed and cautious as economic factors continue to create uncertainty in the crypto markets.