Following President Donald Trump’s “Liberation Day” tariff announcement on April 2, recession probabilities have spiked across leading economic trackers, putting Bitcoin on high alert. Kalshi’s prediction markets now stand at 53%, an 8.1% jump from prior estimates, and Polymarket’s odds have surged to 54%. Tariff Shock And Rising Recession Odds After President Trump’s latest move…
View More Bitcoin On High Alert: US Recession Odds Top 50% On Kalshi
US President Trump’s outspoken acceptance of near-term economic hardship has placed risk assets—including Bitcoin (BTC) and the broader crypto market—under mounting pressure. According to a thread by The Kobeissi Letter on X, President Trump’s strategy revolves around tolerating significant “short term pain” in order to drive down inflation and facilitate the refinancing of over $9…
View More Crypto Faces Uncertain Future As Trump’s ‘Short-Term Pain’ Plan UnfoldsThe 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s big election promises. He wants to establish Bitcoin as a national strategic stockpile,…
View More Economist Predicts ‘Blow-Off Top’ For Bitcoin At $123,000 Post-Trump Win