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Shery_yr 07
@Sheharyar_07
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We are now more than a month past the large BTC move from Coinbase.
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S&P 500 0.3% away from a new all time high. Silver and Gold at new highs. BTC down 3% today and 30% off highs. Altcoins rekt beyond belief. 10/10 screwed us pretty hard, but also we need to face the fact that stock and metals have just been better bets as they are safer assets that unlike crypto don't rug investors daily and give you real ownership. Sentiment here is probably the worst I have seen it since late 2022. And yet BTC is still in the mid 80k zone. Not sure how much longer the decoupling lasts, but this too shall pass.
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Breaking: US GDP expands 4.3% in Q3 vs. 3.3% forecast
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U.S. economy surprises with 4.3% growth rate in third quarter The U.S. economy expanded at a 4.3% annualized pace in the third quarter, according to a Commerce Department report Tuesday that had been delayed by the government shutdown. #USGDPUpdate
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The initial estimate shows that U.S. real GDP grew at an annualized quarterly rate of 4.3% in Q3, well above market expectations of 3.3% and the previous reading of 3.8%. The initial annualized quarterly rate of core PCE inflation came in at 2.9%, in line with expectations and higher than the prior 2.6%. Meanwhile, the initial estimate of real personal consumption expenditures rose 3.5% quarter-on-quarter, significantly exceeding the expected 2.7% and the previous 2.5%.
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Latest News
Trump Comments on Federal Reserve Chair Appointment
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Atlanta Fed Projects 3% Growth for U.S. Fourth Quarter GDP
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Upexi Files $1 Billion Shelf Registration with SEC
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BitMine Acquires Additional Ethereum Through BitGo
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White House Economic Advisor Criticizes Federal Reserve's Rate Decisions
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