DeFI News by Thebittimes.Com

When President Donald Trump took office earlier this year, bitcoin (BTC) was at an all-time high, and the crypto industry was euphoric. Now, just over six weeks later, reality has set in. Plotting specific metrics on a graph shows an avalanche of downward trendlines toward recession. Protos has compiled a chart of major assets, indices, and metrics relevant to any investor since the day Trump became president for the second time, proving it would have been better to have bought the rumor and sold the news of Trump’s ostensibly pro-crypto administration. Niche sectors within crypto have performed particularly poorly but macro metrics like unemployment have also suffered. Since Inauguration Day, crypto’s combined market cap has declined $800 billion, while BTC has lost nearly one-third of its value, plummeting from an all-time high of just over $108,000 on January 20 to a little over $75,000 early on Monday . This is despite Trump promoting the currency multiple tim...

While the stellar performance of many assets on both the stock market and the cryptocurrency markets has emboldened the bulls and diminished the bears, warnings of the coming crisis continue being spoken at times. Indeed, there have been numerous predictions since the start of 2024, some believing in a highly predictable forthcoming inflation crisis, others believing that AI has generated a bubble set for bursting, and others still believing that though there is a bubble, only the FED could bust it. Even the International Monetary Fund (IMF) recently chipped in and cautioned that U.S. economic growth is driven by unsustainable spending and borrowing.  Picks for you Almost $10 billion exits Solana in a week; What’s going on? 12 mins ago ...

Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming. Inflation came down a lot faster than most investor s and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment rate nearing a 50-year low and the S&P 500 Index showing a 19% gain year-to-date. While the current market performance may lead investor s to believe that a recession has been avoided, there are three metrics that have been able to consistently predict recession s over time. These leading economic indicator s are key economic variables that tend to move ahead of changes in overall economic activity, providing an early warning system for changes in the business cycle. Let’s dig into three of these indicator s and explain how investor s can interpret them. Yield curve inversion The yield curve represents th...