Volatile Markets Drive Crypto Industry To Innovative Further
Recession stock market financial chart on a trading board background.
There are concerns about an impending recession in the United States, with JP Morgan raising its probability to 40 percent, up from 30 percent at the beginning of the year, and Goldman Sachs raising the probability to 20 percent. The “Trump bump” has waned with the U.S. stock markets down since the start of 2025, with the tech-heavy Nasdaq leading the sell off down nearly 8 percent.
Following “liberation day” where President Trump announced new tariffs on U.S. imports, a new era of trade competition has many economists predicting a rise in U.S. inflation. In an interview last month, the President, shared a different perspective, saying the US economy…