Atlanta Fed is Bullish on US GDP, But Crypto Skepticism Remains

The post Atlanta Fed is Bullish on US GDP, But Crypto Skepticism Remains appeared on BitcoinEthereumNews.com. Despite bearish Q1 predictions, the Atlanta Fed is currently estimating that the US GDP in Q2 2025 will increase by 4.6%. This impressive turnaround could signal new inflows to crypto. Such a sudden about-face is leading some economists to doubt its conclusions. Trump’s tariffs, sanctions, and trade wars may restart soon, bringing bearish chaos right back into the markets. Is the US GDP Going to Grow? Just a few weeks ago, the markets were receiving a deluge of recession indicators. The Atlanta Fed estimated negative GDP growth in February, and other federal institutions repeated these concerns in April. However, new trade agreements have turned these estimates around, and Atlanta is now predicting 4.6% US GDP growth: Atlanta Fed’s Q2 GDP Predictions. Source: Atlanta Fed If these US GDP predictions are accurate, it’d be hugely bullish for crypto. Bitcoin has been less volatile than usual lately, encouraging massive firms to invest in it as “digital gold.” More economic growth would firmly push back recession fears, potentially leading investors to invest in riskier assets, especially crypto. US GDP growth estimates are back on the rise: As trade deals are being reached and tariffs are being delayed, Q2 GDP growth is now seen at +2.8%. On May 1st, Q2 GDP growth of just +0.4% was expected, per @Kalshi. Meanwhile, the Atlanta Fed’s GDPNow forecast for real GDP growth… pic.twitter.com/mApCCV1Kn5 — The Kobeissi Letter (@KobeissiLetter) June 2, 2025 However, the Atlanta Fed’s prediction might be a simple overcorrection. Months ago, it predicted the beginning of a recession. Have the fundamentals underpinning US GDP really changed that much since? An end to US-China tariffs pumped the market, but Trump is considering new sanctions to replace them. He is also reigniting tariffs against the EU, which are set to take effect soon. All that is to…

Jun 3, 2025 - 04:00
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Atlanta Fed is Bullish on US GDP, But Crypto Skepticism Remains

The post Atlanta Fed is Bullish on US GDP, But Crypto Skepticism Remains appeared on BitcoinEthereumNews.com.

Despite bearish Q1 predictions, the Atlanta Fed is currently estimating that the US GDP in Q2 2025 will increase by 4.6%. This impressive turnaround could signal new inflows to crypto. Such a sudden about-face is leading some economists to doubt its conclusions. Trump’s tariffs, sanctions, and trade wars may restart soon, bringing bearish chaos right back into the markets. Is the US GDP Going to Grow? Just a few weeks ago, the markets were receiving a deluge of recession indicators. The Atlanta Fed estimated negative GDP growth in February, and other federal institutions repeated these concerns in April. However, new trade agreements have turned these estimates around, and Atlanta is now predicting 4.6% US GDP growth: Atlanta Fed’s Q2 GDP Predictions. Source: Atlanta Fed If these US GDP predictions are accurate, it’d be hugely bullish for crypto. Bitcoin has been less volatile than usual lately, encouraging massive firms to invest in it as “digital gold.” More economic growth would firmly push back recession fears, potentially leading investors to invest in riskier assets, especially crypto. US GDP growth estimates are back on the rise: As trade deals are being reached and tariffs are being delayed, Q2 GDP growth is now seen at +2.8%. On May 1st, Q2 GDP growth of just +0.4% was expected, per @Kalshi. Meanwhile, the Atlanta Fed’s GDPNow forecast for real GDP growth… pic.twitter.com/mApCCV1Kn5 — The Kobeissi Letter (@KobeissiLetter) June 2, 2025 However, the Atlanta Fed’s prediction might be a simple overcorrection. Months ago, it predicted the beginning of a recession. Have the fundamentals underpinning US GDP really changed that much since? An end to US-China tariffs pumped the market, but Trump is considering new sanctions to replace them. He is also reigniting tariffs against the EU, which are set to take effect soon. All that is to…

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