{"id":60863,"date":"2025-04-21T14:57:58","date_gmt":"2025-04-21T14:57:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=60863"},"modified":"2025-04-21T14:57:58","modified_gmt":"2025-04-21T14:57:58","slug":"recession-in-the-us-confirmed-fed-warning-triggers-bitcoin-panic","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=60863","title":{"rendered":"Recession In the US Confirmed? Fed Warning Triggers Bitcoin Panic"},"content":{"rendered":"

Is a recession in the US confirmed? With the 10-year bond yield once again spiking above 4.40% and equity futures in free fall, the market is fearful of rising inflation and a Fed ready to hold the line against rate cuts.<\/p>\n

Meanwhile, the cryptocurrency market is a pressure cooker<\/a>, with Bitcoin at its center. The question now is\u00a0whether we are more likely to\u00a0hit $100,000 or $75,000<\/a> in the next few months.<\/span>\u00a0Here\u2019s what we think.<\/p>\n

Is a Recession In the US Confirmed? Bitcoin Faces Significant Price Correction<\/h2>\n

Since January, Bitcoin\u2019s value has dropped 20% from $110,000 to $86,000. Instead of countering uncertainty, it now mirrors the collapse of traditional equities, dragging its \u201cdigital gold\u201d myth into murky waters.<\/p>\n

However, the real market shock that could threaten BTC is President Donald Trump\u2019s upcoming bid for Fed Chair Jerome Powell\u2019s chairmanship.<\/p>\n

\u201cIt would be a huge, huge shock,\u201d said Bilal Hafeez, CEO of Macro Hive. \u201cSuch a move could spark a confidence crisis, especially given Powell\u2019s stability-focused policies.\u201d<\/p>\n

Trump: \u201cPowell\u2019s termination cannot come fast enough.\u201d pic.twitter.com\/LA8VyXd29P<\/a><\/p>\n

\u2014 Nick Timiraos (@NickTimiraos) April 17, 2025<\/a><\/p>\n\n

Political infighting and financial instability have the Federal Reserve on unsteady ground. Doubts are growing about its capacity to fend off recession, protect the dollar<\/a>, and keep the markets from spiraling further into disarray.<\/p>\n

Essentially, you have a war between the President of the United States and the Fed, and everyone is being pulled into the mess.<\/p>\n

Bitcoin\u2019s Divergence From Gold<\/h2>\n

While gold sits at its all-time highs, Bitcoin\u2019s inability to maintain its safe-haven appeal has generated skepticism. Gold, while severely underperforming BTC in recent years, has held its ground, soaring to new highs and proving its worth in times of instability.<\/p>\n

Bitcoin, however, continues to trade sideways.<\/p>\n

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