Treasury Secretary Bessent just dropped some bullish macro numbers - projecting the U.S. economy will hit 3% GDP growth by year-end. He's also calling this holiday season "very strong," which could signal solid consumer spending momentum. For risk assets including crypto, stronger economic growth typically means more liquidity flowing into markets. Worth watching how this plays out against Fed policy moves in Q4.
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OnchainArchaeologist
· 12-08 00:49
3% GDP growth... Sounds good, but will it really flow into the crypto space?
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LongTermDreamer
· 12-08 00:47
3% GDP growth? Bro, this time it's really about to take off. I said three years ago that this is how the economic cycle is calculated, and sure enough... Strong holiday season consumption has always been the prelude to a liquidity frenzy in history. When will our coins finally get a piece of this action...
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GateUser-9ad11037
· 12-08 00:39
3% GDP growth? Wait, is this actual data or just another paper prosperity?
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Ser_Liquidated
· 12-08 00:20
3% GDP growth? Alright, let's see if it can actually be achieved by the end of the year before bragging😏
Treasury Secretary Bessent just dropped some bullish macro numbers - projecting the U.S. economy will hit 3% GDP growth by year-end. He's also calling this holiday season "very strong," which could signal solid consumer spending momentum. For risk assets including crypto, stronger economic growth typically means more liquidity flowing into markets. Worth watching how this plays out against Fed policy moves in Q4.