Just a couple of hours ago the data regarding the US GDP came out and it was not positive news. In fact, the expected number was an increase of 2.6% for the 3rd Quarter but it only rose by 2.0%. Here is all the data including the Pending Home Sales as well (lousy):
Comment: So how did this affect the dollar and the markets? Well, the dollar tanked, it is right now down 0.54% which is a big decline for a fiat currency in one day and cryptos are rising big time. Bitcoin is up more than 5% and Ethereum is up almost 7%.
Happy investing/trading!