Bitcoin's price hovered around $85,000 as concerns about inflation and potential recession grew among consumers. Despite rising 1.5% to approximately $84,950, economists predict inflation may reach 3.6% over the next year, according to a recent Federal Reserve report. Many consumers expect job loss rates to rise, particularly among lower-income households. However, Bitcoin's price increased after news that certain tariffs would not apply to computer chips and smartphones. Meanwhile, the SEC delayed a decision on approving Grayscale's spot ETH ETF proposal until June. Market analysts expect that if global economic conditions worsen, central banks may implement more stimulative policies that could benefit cryptocurrencies in the medium term. Investors are particularly focused on remarks from Fed Chair Jerome Powell regarding recession risks, as market sentiment shifts in reaction to changes in U.S. trade policy.

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