Today seemed ordinary, but a powerful shock in the economy and trade shook the markets.
*📊 Key Updates:*
1️⃣ *GDP Growth (Q2):*
✅ Dropped to 3% — Market experts surprised
➡️ Hint: The U.S. economy is gaining momentum
2️⃣ *Interest Rates:*
⛔ The Fed made no change to interest rates
🗣️ Powell's statement: *"Inflation has just started due to tariffs, we will exercise patience"*
*💥 Surprise returns – Trump's move:*
🔸 40% tariff on Brazil
🔸 50% tariff on Copper
🔸 $350B deal with South Korea
🔸 25% tariff on India
🔸 BRICS declared a threat to the U.S. Dollar
🔸 Indication of a major deal with China
*🪙 What does it mean for crypto investors?*
• Such economic turmoil may affect BTC, ETH, BNB, and USDT
• Market volatility is expected
• Stay alert, make strong decisions
*📅 Important Date: August 1*
The world's response will determine which way the market goes.
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If you want, I can create a *Binance-style* *#CryptoNews* for it
*#MarketAlert*
*#USDEconomy*
*#BitcoinUpdate*
*#FedRates*
*#TrumpTradePolicy*
*#CryptoVolatility*
*#BNB*
*#BinanceSquare*
*#BRICSvsDollar*
*#CryptoPakistan*
*#August1Markets*
*#TradeSmart*
*#BTC*