🚨 BREAKING: US Economic Data 🚨
The US Q2 GDP First Revision came in at 3%, higher than expected! 📈
Also, Initial Jobless Claims were 231K, almost in line with expectations. 📊
🔶 What Does This Mean?
- No Recession: The data indicates that the US economy is not in a recession.
- 🟠 Strong GDP growth supports economic stability.
- 🟠 Jobless claims are stable, reflecting a healthy job market.
- Impact on Bitcoin and Crypto:
- 🟠 GIGA BULLISH for Bitcoin and the crypto market.
- 🟠 Positive economic indicators can drive more investment into digital assets.
Overall, this news is FIRE for the crypto space! 🔥