World Bank Cuts 2025 Global Growth Forecast to 2.3%
The post World Bank Cuts 2025 Global Growth Forecast to 2.3% appeared on BitcoinEthereumNews.com.
Key Points: World Bank lowers global GDP growth forecast to 2.3% by 2025. 70% of economies face downgraded forecasts. US expected growth reduced to 1.4% for 2025. The World Bank has reduced its global GDP growth forecast for 2025 to 2.3%, the lowest in five years, outside recession periods, reflecting a broader economic downturn. This revision signifies potential pressures on global markets, highlighting concerns about trade barriers and policy uncertainty, affecting speculative assets including cryptocurrency. World Bank’s Global Economic Outlook Diminishes The World Bank has adjusted its prediction for 2025 global growth from an earlier estimate, now projecting a 2.3% expansion. This marks the slowest growth rate excluding major recessions like those in 2008 and 2020. This revision affects approximately 70% of economies, raising concerns over rising trade obstacles and global policy uncertainty’s impact on growth dynamics. The U.S. economy’s growth forecast has been revised downward to 1.4%, reflecting broader issues in international markets. A projected average global growth of 2.5% for the 2020s places this period as the slowest since the 1960s, with significant implications for market trends. The crypto community has shown varying responses to the news. Despite subdued economic indicators, long-term Bitcoin holders have remained resilient, maintaining steady positions amidst broader market fluctuations. Indermit Gill of the World Bank asserted, “Outside of Asia, the developing world is becoming a development-free zone.” Crypto Markets and Economic Pressure: Reactions and Predictions Did you know? World Bank downgrades often lead to increased risk aversion, seen in 2008 and 2020, affecting speculative investments like cryptocurrencies, which can see temporary downturns before potential recoveries. Bitcoin (BTC) currently trades at $108,188.69 with a market cap of 2,151,675,081,414 and a 24-hour trading volume of $30,479,088,070. BTC’s price has seen a 0.23% increase over the past 24 hours, as per CoinMarketCap data, reflecting modest market…
Filed under: News - @ July 6, 2025 2:24 am