Analyst: US GDP unexpectedly shrank in the first quarter, if the Fed turns dovish it will be good for Bitcoin

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PANews
05-02
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PANews reported on May 2nd that according to The Block, the United States' first-quarter GDP annualized growth decreased by 0.3% in 2025, marking the first negative growth since 2022. BRN's chief research analyst Valentin Fournier noted that slowing economic growth and cooling inflation might prompt the Federal Reserve to adopt a more dovish monetary policy stance, providing support for risk assets like Bitcoin. Currently, the bullish price trend is primarily driven by demand, and a new round of liquidity injection could benefit alternative risk assets like cryptocurrencies more than stocks, as stocks may struggle during an economic slowdown.

Since "Liberation Day", Bitcoin has risen by over 13%, reaching a two-month high, while the S&P 500 index has grown less than 1% in the past 30 days, with Bitcoin outperforming the stock market.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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