Cryptocurrencies: Bitcoin Holds Above $80K as Support Firms
Bitcoin held steady above $80,000 this week, reaching its highest level since January 2026, yet remains about 8% lower year‑to‑date and 35% beneath its October 2025 record. Ether traded flat around $2,300 for a third consecutive week, down roughly 23% YTD and 53% from its August 2025 peak. The article notes that spot Bitcoin ETFs were approved in January 2024 and spot Ether ETFs launched in July 2024, expanding institutional access. Overall, the crypto market shows resilience amid price corrections, supported by growing ETF infrastructure.
The Big Four Recession Indicators: Industrial Production
Industrial production rose 0.7% in January, outpacing the 0.4% forecast, and posted a 2.3% year‑over‑year gain. Utilities output surged 2.1% month‑over‑month, while mining slipped 0.2% and manufacturing climbed 0.6%. The index’s current level is at or below the start‑of‑recession threshold...