Bitcoin held firm Thursday morning as official statistics revealed that the U.S. economy had contracted for the first time since 2022. The figures—which were initially reported at the end of April before being published in their final form today—weren’t entirely surprising, hence the muted response from the markets.
The news accompanied a pause in U.S. President Donald Trump’s trade war, after a federal court struck down his sweeping tariff regime as unconstitutional.
Experts told Decrypt that they anticipate investors reallocating capital to equities, which could lead to a short-term correction for Bitcoin—but that the broader bull market is set to continue, as a growing list of firms and even countries embrace Bitcoin as a strategic reserve asset.
Bitcoin Steady as US Confirms Economy Shrank in Q1
Revised statistics have revealed that the U.S. economy is shrinking, but the Bitcoin and the crypto market remains unmoved.
Bitcoin a 'Huge Part of Everything We Do Now': Donald Trump Jr.
Eric Trump and Donald Trump Jr. spoke at Bitcoin 2025 to tout the advantages of Bitcoin and other cryptocurrencies to a large crowd.
Bitcoin Treasury List Grows With Entry of Crypto Brokerage K33
Crypto brokerage and research company K33, based in Oslo, Norway, has announced financing for a Bitcoin treasury.
Pakistan to Launch Strategic Bitcoin Reserve, Says Crypto Minister
At Bitcoin 2025, Bilal Bin Saqib—the crypto assistant to the prime minister—announced that Pakistan is plotting its own Bitcoin reserve.
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