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Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution

By Oluwapelumi Adejumo at 2026-10-11 23:32

Sentiment: Positive

Bitcoin briefly topped $65,000 on Thursday after US economic growth fell short of forecasts. Data from CryptoSlate show the largest cryptocurrency trading near $64,729 as of press time after reaching an intraday high of $65,071 and recovering from a low of $63,205. The advance followed data showing the US economy expanded at a 1.5% annualized […] The post Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Featured #Macro #Market #Bitcoin #GDP #US

Source CryptoSlate