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Bitcoinist
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What Crypto to Buy as US Recession Fears Arise After Trump Tariffs
- Experts warn that Trump's tariffs could lead to a US recession by 2025, impacting the global economy.
- The tariff announcement caused market contractions, with Bitcoin dropping to $82K and the US stock market losing value.
- Predictions suggest a global trade war with countries like China and Canada, increasing the likelihood of a US recession by 2025.
- Polymarket and MyriadMarkets assess the risk of a 2025 recession at 52% and 57% respectively.
- Trump's tariff plan led to a significant hit on the USD, prompting investors to shift focus to the crypto market.
- Bitcoin's recovery post-tariff announcement highlights the resilience of the crypto market amidst economic turmoil.
- Solaxy ($SOLX) offers lower fees and faster transactions as Solana's Layer 2 upgrade, attracting investor interest.
- Bitcoin Bull Token ($BTCBULL) aims to push BTC to a $1M market value with unique airdrop incentives and high APY for stakers.
- Cosmos ($ATOM) provides an interchain network for enhanced blockchain interoperability, security, and scalability.
- The crypto market shows signs of recovery post-tariffs, making it a suitable time for diversification with promising presales.
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