Market Analysis
GDP Shrinks for 2nd Quarter as the White House Downplays Recession
The U.S. GDP contracted 0.9% in the last three months, marking the second consecutive quarter of negative economic growth.
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XLM$0.1953-3.57%
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
On an annual basis, eurozone's economy saw a contraction of 0.4% in Q1 2023.
The U.S. GDP contracted 0.9% in the last three months, marking the second consecutive quarter of negative economic growth.
The fiat system revolves around decrees, including recession vs. technical recession.