$USDC
The GDP of the USA contracted by 0.3% in the first quarter of 2025, while analysts expected a growth of 0.3%. This figure indicates the sharpest decline since 2022 and signals a significant slowdown in the US economy.
This is clearly bad news for financial markets and cryptocurrencies. Negative growth fuels fears of a recession, which typically drives investors away from risky assets such as stocks or bitcoin.
Axios: 100 days of Trump's influence on the US dollar.
In the first 100 days of Donald Trump's second term, the US dollar fell by almost 10% — the sharpest decline for a new administration in the 21st century.
▪️Why this matters: The beginning of Trump's second presidential term has seriously shaken the economic position of the US on the global stage.
