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The US Economy Grows More Than Expected; Bitcoin Drops Anyway

The cryptocurrency fell 2% despite better-than-expected GDP numbers for the period between July and September. Bitcoin Retreats Despite Strong U.S. GDP Numbers The U.S. Bureau of Economic Analysis (BEA) published its gro...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

The US Economy Grows More Than Expected; Bitcoin Drops Anyway
The cryptocurrency fell 2% despite better-than-expected GDP numbers for the period between July and September. Bitcoin Retreats Despite Strong U.S. GDP Numbers The U.S. Bureau of Economic Analysis (BEA) published its gross domestic product (GDP) estimate for the third quarter on Tuesday, and the numbers surprised economists. Experts predicted a 3.2% growth rate, but the […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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