Today is decision day regarding the interest rate in the US, so we may have volatility ahead!
The American economy grew by 3% in the second quarter, compared to an expectation of 2.6%. In the first quarter of the year, there was a contraction of 0.5%.
It seems that - at least for now - a possible recession has been canceled, although the economy is still slowing down, which could open the door for new interest rate cuts.
This could be one of the main ingredients that tend to drive the crypto market as a whole throughout 2025.