According to The Kobeissi Letter, the 1-year US recession probability, as priced by the S&P 500 earnings yield and the BBB-rated corporate bond spread, has surged to 60%, marking the highest level since 2022. Over the past several weeks, this probability has tripled, indicating increasing investor concern about a potential economic downturn. Historically, such high recession probabilities have preceded significant market corrections, which is highly relevant for traders managing equity and crypto portfolios. Source: The Kobeissi Letter on Twitter, April 26, 2025.

According to Santiment (@santimentfeed), Bitcoin ($BTC) has surged above $95,000 for the first time since February, marking a significant breakout in price action. Crowd sentiment data indicates a substantial rise in optimism and a record-high spike in social media greed levels. Traders should monitor for potential volatility, as elevated greed often precedes market corrections and increased trading volumes (Source: Santiment, April 25, 2025).