😱🚨 Bitcoin Drops After Strong US Data! Fed Outlook Shifts! 🩸❗

📊 Weekly jobless claims came in lower than forecast:

Reported: 218K vs. expected 235K → Labor market remains firm.

📈 Q2 GDP growth: 3.8% vs. expected 3.3% → Economy stronger than anticipated.

💡 Impact: Odds of Fed rate cuts are falling.

October cut probability: from 92% → 81.2%

December cut probability: from 73% → 58.8%

⚡ Crypto reaction:

Bitcoin (BTC) slips under $111K for the first time in two weeks 🚨

Ethereum (ETH) retreats below $4K, now at $3,924

📌 Takeaway: Strong US economy = higher inflation risks = selling pressure on crypto.

👉 Is this just a healthy dip to buy, or the early stage of a deeper crash? 🤔

(Not financial advice)

#CryptoUpdate #BTC #ETH #MarketPullback #RateCuts