🇺🇸 BITCOIN
Bitcoin reclaims $80,000 as US Q3 GDP beats forecasts
💡 Why it matters: A stronger economy and persistent inflation could push the Fed to keep rates high for longer. That may reduce appetite for risk assets, although solid data also signals greater confidence in economic growth.
✅ Winners: US dollar, companies with stable revenue, Bitcoin if risk appetite holds
⚠️ Losers: Risk assets if interest rates stay high for longer
#Crypto #Macro
Bitcoin reclaims $80,000 as US Q3 GDP beats forecasts
💡 Why it matters: A stronger economy and persistent inflation could push the Fed to keep rates high for longer. That may reduce appetite for risk assets, although solid data also signals greater confidence in economic growth.
✅ Winners: US dollar, companies with stable revenue, Bitcoin if risk appetite holds
⚠️ Losers: Risk assets if interest rates stay high for longer
#Crypto #Macro
