Cryptocrit Posted July 31 Share Posted July 31 The recent strong performance of the US, with a GDP of 2.4% in the second quarter, may have an impact on the price of Bitcoin. The recent strong performance of the US, with a GDP of 2.4% in the second quarter, may have an impact on the price of Bitcoin. As the US economy remains strong, investors may have more confidence in traditional financial markets, leading to lower demand for other investments such as Bitcoin. However, it is important to note that many factors can affect the price of Bitcoin and it is difficult to predict its future value. Saturday's meeting was quiet with no impact from external forces after Friday's US price data. Crypto news wires have also been silent on ETFs and legislation from US lawmakers to draft US crypto regulations. For investors who are waiting for the SEC's decision on the BTC ETF site, the SEC's decision against the Ripple Court may affect the results. This week, SEC Chairman Gary Gensler reminded traders of his views on the digital asset space, suggesting a long wait for BTC ETF spots. Continue reading... Link to comment Share on other sites More sharing options...
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