US GDP Report Fuels Recession Concerns, But Bitcoin Holds Steady

The US Bureau of Economic Analysis (BEA) released its PCE and GDP reports for Q1 2025 today. Although inflation was less than expected, US GDP shrank before the tariffs took effect, encouraging fears of a recession. Despite this discouraging signal, Bitcoin has held up rather well, even hitting a new all-time high in Argentina. This lends credence to the notion that BTC is a safe haven from economic chaos source: https://beincrypto.com/us-gdp-shock-bitcoin-remains-steady/