Bitcoin returns to the increase in the US GDP data, as the DIP buyer paid the BTC price about 95 thousand dollars

Main meals:

• Bitcoin Bulls attacks the level of $ 95,000 again after sales caused by GDP from GDP.

• Traders are almost authors of negative US economic data because they expect the Federal Reserve to resume mitigating and price discounts at some point in the future.

Bitcoin (BTC) The price steals on the door of $ 95,000 after the start of the New York trading session lightly Sell ​​to 92,910 dollars After the gross domestic product data, which showed that the economy has shrunk in the first quarter of 2025. This step reflects a similar recovery in Dow and S&P 500, which wore 0.35 % and 0.15 % respectively in the closing bell.

The rapid recovery in the bitcoin price sheds light on the strong supply by a variety of market participants, and lines with the opinion that the gross domestic product data on April 30 can be a one -time event resulting from companies that intensify their imports before President Donald Trump’s tariff in about 90 countries.

While the shrinking economy and low -loging economy are correct concerns for Tradfi investors, the American recession threatening also plays the thesis of the investment of encryption traders that predict that a variety of negative economic events will compel the federal reserve in the end to reduce prices and Issuing more dollars A maneuver historically benefited from the price of bitcoin.

The current possibility to reduce the interest rate in the Federal Reserve this week increased from 59.8 % on April 29 to 63.8 % on April 30.

According to Popory X Trader Squew, the bounce in Bitcoin and US Stocks was partially driven by “Bully Respiratation Beats from large American companies so far”, which may “enhance some risk confidence.”

Also circulated He said This bitcoin,

“The stain flow [was] Payed primarily by negative buyers today, raising the price with Taker BID. The financing rate is now normalized after the closure of some short pants. ”

Related to: Standardization of Bitcoin prices is likely to be the basic PCE reports, manufacturing and printed functions this week

Currently, 95,500 dollars is the main traders who are watching it, and many analysts believe that continuous payment through the resistance area opens the door for rapid transition to $ 100,000.

The job report on May 2, which will show the number of jobs added to the American economy in April, will be a slight impact on the stock market, and therefore, cryptocurrencies.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.