๐จ BREAKING NEWS:
U.S. GDP shocked the market with very strong growth, coming in at 4.3%, far above the 3.3% expectation and the highest level in the last two years. In the short term, this strength can pressure crypto because a strong economy reduces the need for Fed rate cuts, keeps liquidity tight, and increases volatility. But over the long term, a healthy economy raises incomes and savings, which can later flow into crypto and other risk assets, making the bigger picture still positive.
