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JPMorgan Predicts 2025 US Recession Amid Trump’s Aggressive Tariff Hikes
- JPMorgan predicts a US recession by late 2025 due to President Trump's aggressive reciprocal tariffs targeting countries with trade surpluses against the US.
- The US economy faces pressure from new tariffs, with predictions of contraction and rising unemployment, reaching 5.3%.
- Federal Reserve Chair Powell cautions on the impact of tariffs, expecting higher inflation and slower growth.
- Global markets experience volatility and downturns due to the escalating trade war, with China imposing tariffs on US goods.
- The crypto market reacts to Trump's tariffs, with Bitcoin falling and investors seeking safer assets like gold.
- Concerns about the impact of tariffs on blockchain growth affect crypto market sentiment, causing dips in Bitcoin and other altcoins.
- Bitcoin's future performance is uncertain, with some viewing it as a hedge against inflation and instability while others monitor its response to economic conditions.
- Investors are analyzing stock market movements and liquidity indicators to gauge Bitcoin's future trajectory amid economic uncertainty.
- Michael Saylor and Robert Kiyosaki issue warnings about hidden risks beyond inflation, advising diversification into assets like Bitcoin to safeguard wealth.
- The intersection of policy decisions, market panic, and price trends raises questions about Bitcoin's role in protecting investors during economic turbulence.
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