Bitcoin price surges to $65000

BTC reached $65,000, setting a new monthly high. This occurred after the US GDP growth increased to 3% in the third quarter, compared to 1.6% in the previous quarter. Positive economic indicators have contributed to increased optimism in the cryptocurrency market.

Impact of Economic Indicators

The combination of recent GDP data and a decrease in weekly unemployment claims indicates the stability of the US economy. A positive economic growth outlook has likely fueled bullish sentiment around BTC.

Current State of the Leading Cryptocurrency

The current price of BTC has surpassed $65,500, up 2.1% over the past 24 hours. Digital gold has gained over 1,000 market points since the GDP data was released. This confirms a close correlation between macroeconomic indicators and price movements in the market.