List of Flash News about Atlanta Fed GDPNow
Time | Details |
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2025-06-02 17:12 |
US Q2 GDP Growth Estimate Rises to 2.8% Amid Trade Deal Progress: Crypto Market Impact Analysis
According to The Kobeissi Letter on Twitter, US Q2 GDP growth estimates have surged to 2.8% as recent trade deals are finalized and tariff implementations are postponed. This is a significant revision from the 0.4% forecast on May 1st, as reported by Kalshi. The Atlanta Fed's GDPNow model also supports a strong real GDP outlook. For crypto traders, this robust economic data may signal increased risk appetite, potentially boosting Bitcoin and Ethereum demand as macroeconomic uncertainty diminishes. These developments could drive short-term volatility and create new entry points in major digital assets (source: @KobeissiLetter, @Kalshi). |
2025-06-02 17:12 |
US Q2 GDP Growth Estimate Surges to 2.8%: Trading Impact on Crypto Markets
According to The Kobeissi Letter, US Q2 GDP growth estimates have surged to 2.8% as trade deals advance and tariff delays take effect, a significant increase from the 0.4% forecast on May 1, per @Kalshi (source: https://twitter.com/KobeissiLetter/status/1929586810864189559). The Atlanta Fed's GDPNow model also points to a stronger real GDP outlook. This improved economic backdrop often boosts investor confidence, potentially drawing capital from risk assets like cryptocurrencies toward traditional equities. Traders should monitor shifts in market sentiment and capital flows, as robust US economic data can trigger volatility in Bitcoin, Ethereum, and altcoin trading pairs. |