Japan GDP Surprise Lifts Asian Sentiment
Bitcoin is at $118,900 this morning, down 3% from yesterday’s peak of $124,500. After profit taking and selling, analysts warned that supply constraints could keep volatility high in the coming weeks. Japan’s economy grew 1.0% in quarter 2, 2025, exceeding expectations with strong exports and steady private spending. This growth boosts optimism in Asia and may lead the Bank of Japan to consider interest rate hikes amid global uncertainty. Wall Street ended mixed Thursday. S&P 500 hit a new high, but strong inflation data dampened hopes for quick Fed cuts. Tech gains led by Amazon’s 3% rise on delivery expansion helped balance concerns. Investors await more economic signals as sentiment stays cautious. That’s all for today. Don’t forget to give this video a like and follow us for more daily insights. This is Trading Keith.
1️⃣ BTC slips 3% to $118,900 after peaking near $124,500 as investors lock in profits and trading remains volatile.
2️⃣ Japan’s Q2 growth tops forecasts as resilient exports and modest consumption defy tariff headwinds.
3️⃣ S&P 500 hits another high, but hot producer prices dampen rate-cut hopes; jobless claims fall, Amazon rallies.
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