According to Fox News, Elon Musk has publicly warned that President Donald Trump’s proposed tariffs could push the US economy into a recession, citing concerns over trade disruptions and economic slowdown. For cryptocurrency traders, this warning suggests increased market volatility as traditional assets may face downward pressure, potentially boosting demand for Bitcoin and other major cryptos as alternative stores of value. Musk's statement is critical for risk assessment and portfolio strategy, especially as macroeconomic uncertainty often leads to higher crypto trading volumes and price swings (source: Fox News, June 5, 2025).