lower bassist? the price has already fallen by more than 50% and its market cap is quite low...

🇺🇸 U.S. Economy Shocks Again!
The latest data has just dropped, and markets are reacting fast:
📈 GDP (Q2) Growth: 3.8% (vs. 3.3% expected) – a massive rebound from last quarter’s -0.5%!
📉 Jobless Claims: Only 218K (vs. 235K expected) – proof the labor market is still holding strong.
🔎 Why does this matter?
A strong economy means the Federal Reserve has less urgency to cut interest rates. That translates into tighter liquidity, which is generally not great news for risk assets like crypto in the short term. The market may continue to face volatility, hesitation, and sell pressure until clear signs of monetary easing show up.
💥 Impact on $DOLO (Dolomite):
Given this macro backdrop, $DOLO could feel bearish pressure near term as tighter conditions weigh on momentum. However, Dolomite’s unique positioning in DeFi could give it an edge for recovery once liquidity eventually improves.
⚠️ Overall Signal: BEARISH for now!
Stay cautious, watch for volatility, and position smartly while the macro dust settles.
#Dolomite #Crypto #MacroUpdate #DOLO