Trump’s new tariffs have everyone worried about a potential US recession by the end of 2025, impacting the global economy. This uncertainty makes choosing the right crypto investments a key concern.
Market Reactions to the Tariffs
Trump’s tariff announcement sent shockwaves through the markets. Bitcoin dropped below $82,000, and the stock market took a significant hit, losing trillions in value. The US dollar also weakened considerably. Prediction markets are giving a high probability to a recession in 2025.
Crypto’s Resilience
Despite the initial downturn, Bitcoin quickly recovered some of its losses, highlighting the crypto market’s potential resilience even during major economic turmoil. This leads to the question: what altcoins are worth considering?
Top Altcoin Picks for Diversification
Here are three altcoins that could be interesting additions to a diversified portfolio:
Solaxy ($SOLX)
Solaxy is a Layer 2 upgrade for Solana aiming to solve issues like network congestion and high fees. It’s currently in presale, having already raised over $29 million. The project boasts a high APY for staking.
Bitcoin Bull Token ($BTCBULL)
This meme coin is betting on Bitcoin’s continued success, offering airdrops tied to Bitcoin’s price milestones. It’s also in presale and offers a high APY for stakers.
Cosmos ($ATOM)
Cosmos is an interchain protocol focused on improving blockchain interoperability and transaction speeds. Its native token, $ATOM, has seen recent price increases.
The Future of Crypto
While the economic outlook is uncertain, the crypto market shows signs of recovery. This could be a good opportunity for investors to diversify, but remember to do your own research before investing. This is not financial advice.
