Yellen’s 3% GDP Forecast Sparks Hope for Bitcoin and Crypto Markets
Yellen’s announcement on December 8, 2023, highlighted a stronger-than-expected economic outlook. The 3% growth prediction suggests a robust recovery, which market observers believe could bolster confidence in riskier investments, including the bitcoin price.
The projection of 3% GDP growth has reignited discussions about macroeconomic influences on cryptocurrencies. While no specific economists have publicly tied this forecast to btc price movements, the overall sentiment remains cautiously optimistic. Investors and analysts will likely watch closely to see if this economic momentum translates into tangible gains for bitcoin, Ethereum, and other digital assets.
