According to The Kobeissi Letter citing Kalshi, the probability of a US recession in 2025 has decreased to 28%, the lowest level since February 28th. This shift is attributed to positive market sentiment following recent trade deal announcements, which has led to increased investor confidence in both traditional and digital assets. Traders are closely monitoring these macroeconomic developments as reduced recession fears often correlate with higher risk appetite, benefiting cryptocurrency markets through increased inflows and bullish momentum. Source: @KobeissiLetter, @Kalshi.