Key results:

• Bitcoin Bulls again attack $ 95,000 after today’s compact GDP sale in the USA.

• Traders are semi-agnostic to negative economic data in the US, because they expect the Federal Reserve to resume the chain and reduction of rates at some point in the future.

The price of Bitcoin (BTC) knocks to the door $ 95,000 after the start of a commercial session in Modern York with a diminutive sale up to USD 92,910 after collecting a alarm of GDP data, which showed that the economy shrunk in Q1 2025. The transfer reflects a similar revival evident in Dow and S&P 500, which reflected 0.35% and 0.15%, respectively.

Quick recovery at the Bitcoins price emphasizes the forceful offer of various market participants and is consistent with the view that GDP data of 30 April may be a one -off event resulting from the fact that companies boost their imports before the tariffs of President Donald Trump on about 90 countries.

While the shrinking economy and record low consumer trust are crucial fears of Tradfi investors, the threat of American recession also plays the investment thesis of cryptographic traders, which predicts that various negative economic events will ultimately force the federal reserve to reduce rates and spend more dollars-pneumons, which historically brought the price. bitcoins.

The current chances of the Fed interest rate reduction increased this week, from 59.8% on April 29 to 63.8% April 30.

According to the popular Skewka X Trader, the reflection in Bitcoin and USA actions was partly caused by “quite solid bits of revenues from large American companies”, which can also “strengthen some confidence in risk.”

Trader also he said These bitcoins,

“Point flow [was] Driven primarily by passive buyers, and the price increased with the offer. Normalization of the financing rate now after closing the shorts. ”

Related: Consolidation of bitcoin prices, probably like the US Core PCE, production and work reports Print this week

Currently, USD 95,500 is key traders, and many analysts believe that they have been lasted through the resistance zone, opens the door to a quick return to $ 100,000.

It is possible that the work report from May 2, which will show how many jobs have been added to the US economy in April may have little impact on the stock exchange and the railways of cryptocurrency.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.