IMF Downgrades Growth Forecast Impacts Crypto Market

The International Monetary Fund (IMF) has released its latest World Economic Outlook report, which significantly lowers its global economic growth forecast for 2025. This news triggered a downturn in crypto markets as investors reacted to the increased uncertainty surrounding the global economy. Bitcoin and Ethereum notably witnessed price drops following this announcement, with total value locked in major DeFi protocols also seeing a decline. The IMF’s report highlights the growing volatility of crypto assets due to their sensitivity to broader economic conditions.