Bitcoin Stays The Course At $95,000 But Recession Fears Linger
Posted On April 30, 2025
Despite recession fears looming, Bitcoin (CRYPTO: BTC) remains the preferred asset for asymmetric upside and may be primed for another move higher in the months ahead, according to prominent commentators.
What Happened: In a post on X on April 30, Dan Tapiero, founder of DTAP Capital highlighted the decline in U.S. consumer expectations, now at 54.4.
This matches the 2009 financial crisis lows and stands below COVID-era panic levels; an ominous signal for the broader economy.
Tapiero warned that the Fed is “playing with fire” and argued that much lower rates and a weaker dollar will be necessary to offset growing fiscal drag.
In that environment, fiat debasement could drive capital into Bitcoin.
Crypto trader Byzantine General added that …
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