List of Flash News about macro data impact
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2025-04-30 14:22 |
Trump Economic Advisor Navarro Calls Latest GDP Drop 'Best Negative Print' – Implications for Crypto Market Volatility
According to The Kobeissi Letter, President Trump's Economic Advisor Peter Navarro described the latest GDP decline as 'the best negative print for GDP I have seen' (source: The Kobeissi Letter, April 30, 2025). For crypto traders, this statement signals that while the GDP data is negative, underlying economic resilience or positive components might limit broader risk-off sentiment. Market participants should closely monitor Bitcoin and Ethereum price reactions as traditional markets digest the news, since mixed macroeconomic signals often drive increased volatility and short-term trading opportunities in digital assets. |