List of Flash News about Navarro GDP comment
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2025-04-30 14:22 |
Navarro Calls Latest US GDP Negative Print 'Best Ever' – Implications for Crypto Traders
According to The Kobeissi Letter, President Trump's Economic Advisor Peter Navarro described the latest negative US GDP print as 'the best negative print for GDP I have seen.' This suggests that while the GDP contraction was negative, underlying economic indicators may be stabilizing or outperforming expectations, which could reduce systemic risk and volatility in crypto markets. Traders should monitor upcoming economic data for confirmation and assess potential impacts on Bitcoin and altcoin price action, as macroeconomic sentiment directly influences crypto asset flows (source: The Kobeissi Letter on Twitter, April 30, 2025). |