Criptor
LIVE
MARKET CAP$2.64T-0.70%
24H VOL$80.07B-14.30%
EXCHANGES1,472
BTC DOMINANCE58.0%
ETH DOMINANCE10.5%
TOP ALTXRP (3.2%)
Home›Coin Gape›
Coin Gape

Coin Gape

Original publisher

Share:

Elon Musk’s DOGE Shares Plans To Avoid US Recession

May 24, 2025
1 min read
Elon Musk’s DOGE Shares Plans To Avoid US Recession
Amid Trump tariff wars and rising US Treasury Yield, the American economy seems in a very tight spot, as Elon Musk’s Department of Government Efficiency (DOGE) comes up with a plan to avoid US recession. The tech billionaire who’s close to US President stated that accelerating GDP growth is one way to avoid the US debt crisis. This means a clear 180-degree shift from cutting down federal spending to increasing it. Elon Musk Reveals DOGE’s Plan To Avoid America’s Bankruptcy As the Trump tariff war continues, the US bond market remains heated as the 10-Year Treasury yield has spiked to 4.5%, raising growing concerns of US recession. As per the Kalshi data, the odds of a recession in the United States surged to 43%. Source: Kalshi In order to prevent America from slipping into bankruptcy, Elon Musk has emphasized the importance of accelerating GDP growth. While acknowledging the efforts of... Read More at Coingape.com

The post Elon Musk’s DOGE Shares Plans To Avoid US Recession appeared first on CoinGape.

RELATED TOPICS

yieldgdp growthelonavoidtrump tariffcoin gapedogecriptorplanplan avoidtarifftreasurytariff warsaccelerating gdprecessionelon musksmuskstrumpwars risingavoid recessionelon musktreasury yield

More From Coin Gape

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price?

339 days ago

Here’s How High XRP Price Could Go if Bitcoin Hits $150,000

Here’s How High XRP Price Could Go if Bitcoin Hits $150,000

339 days ago

Bitcoin 2025 Conference: Dates & Ticket Guide for Las Vegas Event

Bitcoin 2025 Conference: Dates & Ticket Guide for Las Vegas Event

339 days ago

View All Articles

Market Overview

BitcoinBitcoin
76,549.510.271%
EthereumEthereum
2,291.80.104%
Binance CoinBinance Coin
624.620.010%
CardanoCardano
0.24720.162%
RippleRipple
1.38140.058%

Subscribe to Updates

Get the latest cryptocurrency news and insights delivered directly to your inbox.

You May Also Like

Bitcoin vs Gold: Peter Schiff Explains Why Central Banks Choose Yellow Metal over BTC
Coin Gape

Bitcoin vs Gold: Peter Schiff Explains Why Central Banks Choose Yellow Metal over BTC

339 days ago
'More Than a Co-Founder, You'r e a Brother', Says Polygon's Sandeep Nailwal as Mihailo Bjelic Steps Down
Coin Gape

'More Than a Co-Founder, You'r e a Brother', Says Polygon's Sandeep Nailwal as Mihailo Bjelic Steps Down

339 days ago
Mango Markets Case: Fraud Charges Against Avraham Eisenberg Annulled
Coin Gape

Mango Markets Case: Fraud Charges Against Avraham Eisenberg Annulled

339 days ago
Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing
Coin Gape

Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing

339 days ago