According to @StockMKTNewz, US Treasury Secretary Bessent stated that current US economic data shows no indication of a recession, suggesting ongoing economic stability. This announcement may support bullish sentiment in the cryptocurrency market as macroeconomic stability often encourages risk-on investing in assets like Bitcoin and Ethereum. Traders are closely monitoring US treasury statements for influence on crypto market inflows and volatility, as recession fears have previously driven significant price swings across digital assets. Source: @StockMKTNewz, May 6, 2025.