🧐Macroeconomic data from the USA has been released:

🔴GDP (q/q) for Q1

Actual: -0.5% (worse than expected)

Forecast: -0.2%

Previous: 2.4%

🟢Initial jobless claims

Actual: 236K (better than forecast)

Forecast: 244K

Previous: 245K

☁️US GDP decreased by 0.5%, signaling an economic slowdown. This reinforces expectations of a softer Fed policy, which is positive for cryptocurrencies. Meanwhile, a robust labor market eases fears of a recession.#ScalpingStrategy