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Goldman Sachs Predicts U.S. Economic Slowdown: What About Bitcoin?

  • Goldman Sachs has revised its GDP growth forecast down to 1.5% for the U.S., while projecting inflation could rise to 3.5%.
  • Tariffs on global trade are escalating, which includes 20% tariffs on imports from over 25 countries.
  • Canada, China, the European Union, and Mexico are preparing retaliatory measures, contributing to economic uncertainty.
  • Bitcoin (BTC) has wrapped up its worst Q1 performance since 2018, and analysts see further challenges ahead.

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