According to Evan (@StockMKTNewz), the Atlanta Fed has raised its Q2 GDPNow forecast to 4.6%, up from the previous 3.8%. This upward revision signals stronger-than-expected US economic growth, which often leads to market speculation about future Federal Reserve rate decisions. For crypto traders, this robust GDP projection may increase the likelihood of sustained higher interest rates, potentially strengthening the US dollar and placing downward pressure on major cryptocurrencies like Bitcoin and Ethereum. Traders should monitor upcoming Fed statements and macroeconomic releases, as continued economic strength could drive volatility and shift trading ranges across digital assets (Source: @StockMKTNewz, June 2, 2025).

According to Evan (@StockMKTNewz), the Atlanta Fed has significantly raised its Q2 GDPNow forecast for the US economy from 2.2% to 3.8% as of May 30, 2025 (source: Twitter). This stronger-than-expected economic outlook may influence the crypto market by increasing risk appetite and potentially supporting bullish momentum in major cryptocurrencies, as robust GDP growth is often linked to higher investor confidence and liquidity flows into alternative assets like Bitcoin and Ethereum.