As the market grapples with potential economic disruptions, particularly the looming threat of inflation, the price of Bitcoin remains a key focal point. While it has held onto significant gains since its April lows, recent economic data and market behavior suggest that inflation risk could significantly influence Bitcoin’s trajectory moving forward. 2025 Q1 GDP figures revealed negative growth for the first time in two years, prompting a surge in recession probability to 74%. This dynamic has prompted anticipation regarding potential Fed rate cuts as an economic stimulus measure. 8,000 BTC exited Coinbase and into private wallets on April 29th, signaling substantial buying activity amid market uncertainty. Bitcoin’s price action thus far has remained relatively stable despite these uncertainties. Meanwhile, the rising U.S. M2 money supply, recently hitting a new record high of $21.76 trillion, underscores significant liquidity influx into financial markets, which may propel further BTC demand. This trend coincides with a noticeable shift in market attention towards Bitcoin dominance, reaching a new all-time high of 64.80%. Bitcoin’s ability to attract capital as a safe haven asset could be attributed to its inherent value proposition amidst economic uncertainty. Recent events, such as the weakening dollar and rising interest in Bitcoin ETFs (totaling $3.8 billion since April 21st), further highlight this trend.