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Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms
Source: Buzz FX / 30 Apr 2025 13:17:29 America/New_York
Key points:
US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts.
Bitcoin dropped to $92,910 as GDP figures were released, but sustained buy-side demand could provide support.
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