US Treasury Secretary: This year's GDP growth is expected to reach 3%. What should the crypto market pay attention to?

2025-12-07 16:02:15

[BlockBeats] On December 8, news broke that US Treasury Secretary Bessent publicly stated that the US GDP growth rate is expected to reach 3% this year.

This number is neither particularly high nor particularly low. You should know that in the years since the pandemic, the US economy has hovered around 2%, so breaking 3% is actually a pretty good report card. For the Treasury Secretary to make such a statement, it shows they do have some confidence in the economic data.

For those of us keeping an eye on the crypto market, this isn’t entirely unrelated. If GDP growth goes up and employment data looks good, the pressure on the Federal Reserve to cut interest rates will ease. If expectations for tighter liquidity arise, risk assets will be affected to some extent.

Of course, how things actually play out still depends on the upcoming data. After all, there’s often a few reports’ worth of distance between a statement and the real situation.

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YieldFarmRefugee

· 12-09 17:32

3%? Ha, here they go making empty promises again. Let's wait and see the real data.

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CodeSmellHunter

· 12-09 05:44

3% it is, then. Anyway, there’s no hope for a rate cut, so the crypto space will have to tough it out again.

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UnluckyMiner

· 12-07 16:32

3%? Sounds good, but with less pressure to cut interest rates, the crypto space should be cautious.

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OnChainDetective

· 12-07 16:31

Wait, Besant's 3% prediction number... I just checked the large on-chain transfer records, and there have been abnormal movements in institutional wallets over the past 48 hours. Could this be an early release signal? We need to closely monitor those suspicious addresses.

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gas_fee_therapist