ECONOMIC GROWTH HIGHLIGHTED AMID TRUMP MUSK DISTRACTION!

The Trump-Musk feud is dominating headlines, but let's focus on the real story - economic growth. Despite the drama, key economic indicators are showing promising trends.

Economic Highlights:

GDP Growth: The US economy has seen a 4.7% GDP growth rate for the first two months of the quarter, surpassing the Congressional Budget Office's (CBO) estimate of 1.8%. This growth could support President Trump's proposed spending bill as deficit-neutral.

Import Volume Reduction:The US has seen a significant reduction in import volumes, less than half of the preceding month, which could be attributed to Trump's tariff policies.

Cryptocurrency Market: Bitcoin's price is currently $105,564.11, with a 0.94% increase over 24 hours and a 28.23% increase over the past 90 days ¹.

Expert Insights:

- Dick Morris, a former Trump advisor, believes the economic data is being overshadowed by the Trump-Musk feud. He emphasizes that the strong GDP growth and reduced import volumes are critical elements of the fiscal landscape.

- Gracy Chen, CEO of Bitget, calls the Trump-Musk feud a "meme" and a distraction, urging focus on financial shifts instead. She highlights the importance of global liquidity shifts and monetary easing signals in driving the cryptocurrency market .

Market Trends:

-Bitcoin as a Macro Hedge:With global economic pressures and regulatory clarity, Bitcoin is gaining traction as a macro hedge. Institutional investors are turning to Bitcoin as a protection against traditional market volatility.

Cryptocurrency Fundamentals:Despite the distraction, cryptocurrency fundamentals remain strong, driven by global easing expectations and monetary policy shifts .#TradingMistakes101