Analyst: The US GDP unexpectedly shrank in the first quarter, if the Federal Reserve turns dovish, it will be favourable information for Bitcoin.
The GDP of the United States in the first quarter of 2025 showed a negative growth, which may affect the dovish stance of the Federal Reserve's monetary policy, supporting Bitcoin. Bitcoin rose by 13%, outperforming the S&P 500 index, with demand driving the price rise.
- 1