US Recession Odds Tumble To 23% On Crypto Betting Market After Trump Confirms China Trade Deal, Softer Inflation Numbers

US Recession Odds Tumble To 23% On Crypto Betting Market After Trump Confirms China Trade Deal, Softer Inflation Numbers

U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday. What happened: Odds in favor of the betting contract titled “US recession in 2025?” were 23% as of this writing, a considerable drop from the all-time high of 66% recorded in early May. As of this writing, bookmakers have invested over $6.76 million on the bet. The outcome resolves to “Yes” if the economy experiences another quarter…

Arthur Hayes Hints Crypto Market Volatility on Upcoming Trump Tariffs

BitMEX CEO Arthur Hayes anticipates major crypto market volatility ahead as US President Donald Trump plans to introduce unilateral tariffs ahead of the July 9 deadline. The market is already seeing some selling pressure in the last 24 hours, despite the breakthrough in the US-China trade deal. Furthermore, the lower-than-expected US CPI print has also The post Arthur Hayes Hints Crypto Market Volatility on Upcoming Trump Tariffs appeared first …

Bitcoin, crypto market holds steady following US-China trade agreement and lower inflation

Bitcoin (BTC) and the cryptocurrency market remained steady on Wednesday as the US Consumer Price Index (CPI) data for May rose to 2.4%, below market expectations of 2.5%.

Bitcoin, ETH price coil after inflation cools and US-China tariffs roll back

Crypto market rally likely to persist as inflation cools, US-China play nice.

Bitcoin Climbs Slightly as US Reports Inflation Slowed in May

Bitcoin climbs toward $110K as May inflation comes in lower than expected, boosting hopes for Fed rate cuts and crypto momentum.