- Goldman Sachs updates US GDP growth forecast for Q2 2025 to 2.4%.
- Market sentiments shift toward optimism, reducing recession fears.
- Potential stabilization or appreciation for major cryptocurrencies noted.
Goldman Sachs has revised its US GDP growth forecast for the second quarter of 2025 to 2.4%, significantly higher than the earlier expectation of -0.3%. This change reflects improved economic conditions and anticipates increased market confidence.
The upward revision by Goldman Sachs is particularly impactful as it diminishes recession concerns and aligns with broader market optimism about US economic performance in 2025.
Goldman Sachs Boosts 2025 US GDP Forecast to 2.4%
Goldman Sachs’ revision to a 2.4% US GDP growth forecast for Q2 2025 reflects an optimistic economic outlook. According to David Mericle, Chief US Economist, Goldman Sachs, “The US economy is in a good place… Recession fears have diminished, inflation is trending back toward 2%, and the labor market has rebalanced but remains strong.” Jan Hatzius, the Chief US Economist, spearheaded this forecast update. This adjustment surpasses the post-2022 average growth rate.
Market sentiment shifts with this announcement, indicating an intensified risk-on attitude among investors. Goldman Sachs’ increased GDP outlook suggests improved labor and inflation trends, reducing recession fears and potentially bolstering US equity allocations.
No direct public statements from prominent crypto figures have responded to these GDP updates. However, consistent with similar past events, experts anticipate potential indirect benefits for cryptocurrencies like Bitcoin and Ethereum.
How Positive GDP Revisions Affect Crypto Markets
Did you know? In 2021, preceding positive GDP revisions led to reduced crypto volatility, encouraging risk-on behavior, a dynamic that could potentially repeat with the current 2025 outlook.
Bitcoin (BTC) prices are at $94,193.22 as reported by CoinMarketCap. The current market cap stands at $1.87 trillion with a 63.86% market dominance. BTC saw a 12.96% rise over 30 days, though it remains down 3.42% over 90 days, with a trading volume of $23.39 billion in the last 24 hours.
Analysts from Coincu note that this GDP forecast rise may favor crypto as a risk-on asset class if positive economic signals continue. Historically, crypto tends to stabilize or appreciate alongside supportive macroeconomic conditions.
Source: https://coincu.com/335865-goldman-sachs-gdp-outlook-2025/