Wall Street on Edge: Market Turmoil as Recession Fears Grow

For the past two years, U.S. stocks surged upward, but in just a few weeks, that trend has reversed. President Trump has warned that the trade wars with Canada, Mexico, and China may cause Americans a “little disturbance,” without specifying when the benefits will be seen. He has also refused to rule out the possibility of a recession, fueling concerns on Wall Street. As economists and strategists raise the odds of an economic downturn, the stock market faces the risk of prolonged turbulence.

Crypto Market Shaken: Trump’s Bitcoin Reserve Plan Sparks Uncertainty

Stocks of cryptocurrency-related firms fell alongside digital asset prices following President Trump’s latest moves. Trump established a federal Bitcoin strategic reserve but did not plan new purchases. Fed Chair Jerome Powell’s cautious stance on interest rate cuts also impacted the crypto market. While Trump signed an executive order aiming to make the U.S. the “crypto capital of the world,” the reserve will only include assets seized by the government through legal action, with no additional acquisitions planned.