The U.S. Department of Commerce's Bureau of Economic Analysis will release the third quarter GDP data on **December 23**. This report has a significant impact on the crypto market—economic growth directly influences the Federal Reserve's policy expectations, which in turn shakes the entire market.
Investors are now closely watching this data because it relates to whether the Federal Reserve will continue to cut interest rates next year. A strong GDP narrows market expectations for rate cuts and strengthens the dollar; a weak GDP favors risk assets.
Keep track of the time, this could be the most important economic indicator of the month.
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Important date reminder👀
The U.S. Department of Commerce's Bureau of Economic Analysis will release the third quarter GDP data on **December 23**. This report has a significant impact on the crypto market—economic growth directly influences the Federal Reserve's policy expectations, which in turn shakes the entire market.
Investors are now closely watching this data because it relates to whether the Federal Reserve will continue to cut interest rates next year. A strong GDP narrows market expectations for rate cuts and strengthens the dollar; a weak GDP favors risk assets.
Keep track of the time, this could be the most important economic indicator of the month.