Bitcoin beats falling US GDP growth trend as Q1 data risks stagflationary economy

[Update: GDP came in well under estimates, contracting by 0.3%.] At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate. If confirmed, this would mark the weakest quarterly print since early 2022 and contrast starkly […]