US economic growth surprised on the upside in Q3, fueled by strong consumer spending. Sounds bullish, right? Not so fast. The momentum's already weakening. Cost-of-living pressures are grinding down purchasing power, and the recent government shutdown added another wrench into the works. Market watchers are now scrutinizing whether this bounce can sustain or if we're heading into choppier waters ahead. Macro headwinds like these tend to ripple across asset classes, including crypto markets.
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US economic growth surprised on the upside in Q3, fueled by strong consumer spending. Sounds bullish, right? Not so fast. The momentum's already weakening. Cost-of-living pressures are grinding down purchasing power, and the recent government shutdown added another wrench into the works. Market watchers are now scrutinizing whether this bounce can sustain or if we're heading into choppier waters ahead. Macro headwinds like these tend to ripple across asset classes, including crypto markets.