BTC breaks back to $112,000, SOL hits a seven-month high, economists downplay recession concerns

Although U.S. jobs data corrections showed that as of March 2025, analysts downplayed concerns about stagflation, with Bitcoin price rebounding to $112,000 and European stocks rising. Action Economics' Michael Englund attributes slowdown in labor growth to changes in immigration trends rather than recession risks. Altcoins such as ETH, XRP and Dogecoin (DOGE) rebounded from Tuesday's decline, while SOL hit $222. The market expects the Federal Reserve to cut interest rates next week and will focus on the upcoming Consumer Price Index (CPI) data in the future to be released to look for further directions.