Bitcoin and the broader crypto market are under pressure as recession fears rise following comments from US President Donald Trump. In an interview, Trump acknowledged the possibility of a recession and suggested a willingness to weather it to implement necessary economic reforms. This perspective has heightened near-term anxieties among Wall Street investors and cryptocurrency traders, leading to a sharp sell-off in risk assets, including Bitcoin. The Federal Reserve's warning about the possibility of a recession has further intensified market jitters. Bitcoin prices have dropped below $80,000, down nearly 3% since Tuesday's session opened. The downturn in Bitcoin aligns with a broader shift in investment strategies, with institutional investors reducing their exposure to high-risk assets. With uncertainty over Federal Reserve policy and inflationary concerns, investor sentiment has turned risk-off. The immediate outlook for Bitcoin and the crypto market remains uncertain, and traders and investors should be prepared for continued volatility.



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