From Cointelegraph

May 1, 2025 5:02 am:

Bitcoin traders are closely monitoring US economic policy signals as sources predict a looming recession due to rising unemployment and inflation. The Federal Reserve faces a tough decision between containing inflation or unemployment. Interest rate cuts could impact GDP and unemployment rates, leading to a lose-lose situation for the Fed.

Market expectations for Fed policy remain conservative through 2025, despite pressure from US President Donald Trump for lower rates. The Federal Open Market Committee’s June meeting is anticipated to bring a 0.25% cut, with May having just 3% odds. Crypto market participants are bracing for economic uncertainty as recession fears grow, potentially prompting the Fed to adjust policy.

Read more at Cointelegraph: Bitcoin eyes gains as macro data makes US recession 2025 ‘base case’