List of Flash News about Goldman Sachs recession odds
Time | Details |
---|---|
2025-05-13 03:00 |
Goldman Sachs Cuts US Recession Odds to 35%: Bullish Signal for Bitcoin Price in 2025
According to Crypto Rover, Goldman Sachs, a $2.8 trillion asset manager, has reduced its estimated probability of a US recession to 35% as of May 2025. This shift signals renewed confidence in the US economy, which is generally positive for risk assets like Bitcoin. Historically, lower recession odds have correlated with increased investor appetite for cryptocurrencies, as stable macroeconomic conditions often drive capital flows into digital assets seeking higher returns (source: Crypto Rover on Twitter, May 13, 2025). Traders should monitor Bitcoin for potential upward momentum driven by improving economic outlook and institutional sentiment. |