The recently released report on the Gross Domestic Product (GDP) of the United States for the second quarter of 2025 indicates a 3% growth in the economy year-on-year. This figure surpasses many expectations and highlights changes in economic policy.
GDP Overview
According to reports, the US GDP in Q2 2025 increased by 3% year-on-year, marking a significant improvement compared to the first quarter, which saw a decrease of 0.5%. Many experts had anticipated a more modest growth of 2%.
Trump's Reaction
US President Donald Trump quickly responded to the release of the data, reiterating his stance that the Federal Reserve needs to lower interest rates. Trump described the GDP growth as better than expected and used it as an opportunity to pressure Fed Chair Jerome Powell to cut the rates.
Impact on Cryptocurrency Market
The cryptocurrency market is closely linked to the economic situation in the US and changes in interest rate policy. Bitcoin, perceived as a riskier asset, traditionally benefits from low-interest environments. However, its price is currently lingering below a recent high of $123,000, and many experts note that a potential rate cut could lead to price increases in cryptocurrencies.
The 3% growth in US GDP for Q2 2025 reflects an improvement in the economic situation, but the effects on interest rates and the cryptocurrency market remain crucial for further analysis.
