Tag: recession

Recession Fears Spark Market Sell-Off; Bitcoin Takes Another Hit

Recession Fears Spark Market Sell-Off; Bitcoin Takes Another Hit

U.S. stocks and Bitcoin experience significant declines amid recession fears. Arthur Hayes’s Bitcoin price prediction of $75,000 gains credibility with market downturn. Bitcoin struggles to decouple from traditional markets, showing potential for short-term rebound. Worries about a recession sent markets tumbling, hitting both stocks and crypto. On Black Monday, U.S. stock indices took a dive: the Dow shed 2%, the…

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GBP/USD rises as the US Dollar weakens amid fears of US recession

GBP/USD rises as the US Dollar weakens amid fears of US recession

GBP/USD maintains position near 1.2900 as concerns over US economic growth persist The GBP/USD pair recovers recent losses from the previous session, trading around 1.2890 during Asian hours on Tuesday. The pair edges higher as the US Dollar (USD) struggles amid concerns that tariff policy uncertainty could push the US economy into recession. Weaker-than-expected US job data for February has…

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