[Coin World] The initial value of the US GDP for the third quarter is about to be released. Analysts generally predict that the annualized growth rate will land at 3.2%, which is a decline from last quarter's 3.8%—the economy is indeed slowing down.
The GDP price index is also worth paying attention to, as it directly affects the Federal Reserve's policy orientation. The dollar index is currently under significant pressure, which is crucial for traders holding stablecoins and those bearish on the dollar. Fluctuations in macro data often drive large funds to reallocate, and changes in liquidity in the crypto space are no exception to these signals.
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MissedTheBoat
· 12-23 13:30
3.2%? This speed is indeed falling short, short positions must be laughing.
It feels like the dollar can't hold on anymore, stablecoin holdings need to be secured.
With GDP declining, large funds are definitely going to adjust their holdings again; can the crypto world be calm?
The Fed must be anxious this time, the interest rate policy is surely going to change.
Economic slowdown is actually good news for us...
Keep an eye on the price index, it will determine how the Fed plays next.
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MetaverseLandlord
· 12-23 13:17
3.2%? The dollar really needs to catch its breath, the USDT in hand should be in a panic.
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TopEscapeArtist
· 12-23 13:05
3.2%? Buying the dip again, this time it won't be another historical high, right...
The GDP growth rate in the US slowed to 3.2% in the third quarter, putting pressure on the US dollar index.
[Coin World] The initial value of the US GDP for the third quarter is about to be released. Analysts generally predict that the annualized growth rate will land at 3.2%, which is a decline from last quarter's 3.8%—the economy is indeed slowing down.
The GDP price index is also worth paying attention to, as it directly affects the Federal Reserve's policy orientation. The dollar index is currently under significant pressure, which is crucial for traders holding stablecoins and those bearish on the dollar. Fluctuations in macro data often drive large funds to reallocate, and changes in liquidity in the crypto space are no exception to these signals.