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Recession stock market financial chart on a trading board background.
There are concerns about an impending recession in the United States, with JP Morgan raising its probability to 40 percent, up from 30 percent at the beginning of the year, and Goldman Sachs raising the probability to 20 percent. The “Trump bump” has waned with the U.S. stock markets down since the start of 2025, with the tech-heavy Nasdaq leading the sell off down nearly 8 percent.
Following “liberation day” where President Trump announced new tariffs on U.S. imports, a new era of trade competition has many economists predicting a rise in U.S. inflation. In an interview last month, the President, shared a different perspective, saying the US economy was going through “a period of transition.”
The US Treasury Secretary Scott Bessent has called the market drop a “healthy correction.”
Similarly, Kevin Hassett, head of the National Economic Council, said, “There are a lot of reasons to be extremely bullish about the economy going forward. But for sure, this quarter, there are some blips in the data.”
Crypto markets, which are highly correlated to tech stocks, have shed over $1 trillion in the past weeks. Crypto veterans know volatility is a fundamental aspect of market dynamics.
During transient market conditions, experienced crypto allocators and developers return to the trenches and focus on driving crypto innovation. Extended periods of market volatility often present opportunities for investing in and building new and better crypto products.
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