๐จ US GDP JUST SURGED TO A 2-YEAR HIGH โ 4.3% vs 3.3% EXPECTED.
Short term: bearish for crypto.
Strong GDP = fewer Fed cuts, less liquidity โ volatility + possible dip (BTC dumped 4โ5% after the last 3 GDP beats).
But zoom out ๐
Mediumโlong term: VERY bullish.
Strong growth โ ISM > 50 โ higher incomes โ higher savings โ capital flows into Bitcoin & altcoins.
Short-term pain.
Long-term fuel for the next crypto leg up.