#USGDPDataOnChain
📊🇺🇸 #USGDPDataOnChain
US Gross Domestic Product (GDP) data has significantly reflected on the movements of financial markets, and with it came direct monitoring on-chain showing the interaction of investors in crypto.
The strength of the data supports expectations of continued tightening by the Fed.
While any slowdown may translate into greater flows toward digital assets as an alternative refuge.
🔍 The discussion here:
Do you think the correlation between US economic data and On-Chain indicators has become clearer today than ever before? And can crypto turn into an early indicator of the state of the traditional economy?