U.S. GDP Recession Q1: A Chance for Cryptocurrency?

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Report on U.S. GDP Q1

On April 30, the financial report showed that the initial value of the annual real GDP growth rate in the first quarter of the United States reached -0.3%. This is a new low since the second quarter of 2022. This development indicates a slowdown in economic recovery, which may affect investment forecasts and expectations.

The annual real GDP value of the first quarter was estimated at $235.261 billion, a slight decrease from the previous value of $235.423 billion. While the disparity is not large, it reflects the current economic pressures that the United States is facing.

This information is provided solely to give an objective view of the market and should not be considered as investment advice. Investors need to exercise caution before making decisions based on economic data and current trends in the cryptocurrency market.

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