gdp – Page 2 – DIGIT INFO

US GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip

A brisk slowdown in GDP fails to offer any direction for crypto markets, with Bitcoin slowly claws back lost ground below $30,000.

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Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,100, as BTC Rebounds From 1-Week Low

Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier losses. Bitcoin Bitcoin (BTC) rebounded from a one-week low on Tuesday, as markets reacted […]

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How does the economy work?

The economy is a system of producing and exchanging goods and services in a society.

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Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation

central bank of venezuela economic data inflation

The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government trying to hide it by not offering […]

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Bitcoin dips below $16.7K as US GDP meets fresh BTC price ‘death cross’

Bitcoin has never seen this particular “death cross” before in its life, one analyst notes as BTC price weakness continues.

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Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’

While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as […]

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Semantics? Analysts unpack ‘technical recession’ as crypto markets recover

Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America.

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3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’

BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap.

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Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2 GDP Data Points to a Recession One of the principal agencies […]

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IMF global outlook suggests dark clouds ahead for crypto

The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto.

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