U.S. GDP Fell By .9%, Interest Rates Raised By 75bps, Market Went Bull, What’s Going on?

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The U.S. economy is shrinking, and it’s going on its way to a recession. GDP fell by 0.9 percent in the second quarter, Fed made a 75 bps adjustment, and Bitcoin was around the $21k level and went up by more than 13% to the 23k level after two major economic indicators were released, as a trader, what you should be concerning?

Bitcoin,U.S. economy,Interest Rates,Crypto,Crypto Market

Daniel | FastBull

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U.S. GDP Fell By .9%, Interest Rates Raised By 75bps, Market Went Bull, What’s Going on?

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