List of Flash News about retest April lows
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2025-05-14 22:05 |
Steve Cohen Predicts Stock Market Could Retest April Lows, Cites 45% Recession Risk – Impact on Crypto Sentiment
According to @StockMKTNewz citing CNBC, Steve Cohen, the founder of Point72 Asset Management, warned that U.S. stocks could revisit their April lows and assigned a 45% probability to a recession. This bearish outlook from a major institutional investor may increase risk aversion across traditional and crypto markets, leading to potential volatility in Bitcoin and altcoin prices as traders hedge against macroeconomic uncertainty. Market participants should closely monitor equity index levels and macroeconomic headlines for signals affecting crypto momentum. Source: @StockMKTNewz on Twitter, CNBC. |