Goldman Sachs, an American investment bank, has increased the likelihood of an economic recession in the United States over the next year to 45%. This prediction reflects rising economic uncertainty amid global tensions, tougher financial conditions, and potential tariff effects. Steven Rattner, former head of Obama’s automotive group, shared this news on social media. Nick Timiraos, senior economic correspondent at The Wall Street Journal, reported that the bank has reduced its forecast for fourth-quarter GDP growth in 2025 to just 0.5%. Despite this unfavorable economic outlook, Goldman Sachs continues to heavily invest in the digital currency space, especially Bitcoin. As of February 12, the bank held $1.5 billion in Bitcoin through BlackRock ETFs and Fidelity.
