According to The Kobeissi Letter, Elon Musk has forecasted a recession in the second half of 2025, while Kalshi places the probability of a recession starting this year at 29% (source: @KobeissiLetter, June 5, 2025). For cryptocurrency traders, these recession predictions highlight potential volatility and risk-off sentiment across digital assets. Historically, recession fears have led to increased Bitcoin and Ethereum price swings as investors seek liquidity and safe havens. Monitoring macroeconomic indicators and market sentiment will be critical for crypto traders aiming to navigate potential downturns and capitalize on volatility.