The post U.S. Economic Sentiment Worsens Affecting Crypto Markets – Coincu appeared on BitcoinEthereumNews.com.

Key Points: US economic sentiment, crypto market impact, expert insights revealed. Numerous polled expect significant grocery price increases. Stronger leadership in crypto projects gains traction. The Associated Press and the National Opinion Research Center conducted a poll revealing significant dissatisfaction among Americans with U.S. economic policies. Public concern over escalating prices and potential recession risks are influencing both traditional and crypto markets, with Polymarket estimating a 53% recession probability by 2025. Rising Tariff Fears and Public Economic Concerns A recent poll by Associated Press and NORC indicates widespread discontent with current U.S. economic policies. Concerns over tariffs raised fears among nearly 90% of respondents about rising grocery prices. The majority believe prices will increase soon, with implications for everyday commodities. These concerns have emphasized potential inflation within the broader economy. Market instability is heightened, with investors closely monitoring indicators. Polymarket predicts a 53% chance of recession, underscoring growing public anxiety over economic uncertainties. Notable figures in the crypto world have commented on the shifting sentiment. According to Murphy, an on-chain analyst, “A group of new buyers showed significant activity in April, actively purchasing BTC following the price rebound…market confidence is gradually recovering and profit-holders are starting to hold tight.” Bitcoin Surge Despite Economic Instability Did you know? Historical context shows that financial markets often react to macroeconomic pressures, necessitating industry agility in the face of economic change. Bitcoin’s current price stands at $93,645.31, according to CoinMarketCap, with a market cap of $1.86 trillion and dominance at 63.15%. The past 24-hour trading saw a volume of $32.80 billion, down by 12.73%. BTC surged 10.63% over the past week, although it remains 10.27% lower over 90 days. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 07:17 UTC on April 25, 2025. Source: CoinMarketCap Coincu’s research team notes the potential for significant regulatory and…

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Filed under: News - @ April 25, 2025 7:25 am