Bitcoin (BTC) and Ethereum (ETH) have maintained their stability over the past twenty-four hours, with concerns regarding tariffs gradually easing among traders, despite rising recession risks in the United States according to betting markets.
Augustin Van, Head of Analytics at SignalPlus, stated: "Prominent financial figures have begun to warn that the United States is heading towards an imminent recession, with the odds of it occurring in 2025 ranging between 40% to 60% in betting markets." He added: "Our view is that it may not matter much, as sentiment often shapes reality, not the other way around."
Van noted that "cryptocurrencies have benefited from the recent turmoil, as stocks experienced greater volatility than Bitcoin amid risk-off movements. Additionally, the neighbor-harming policy through tariffs has pushed spot gold to all-time highs, while Bitcoin has regained some of the 'store of value' narrative it lost some time ago."