Bitcoin has seen a price boost after the release of US macro data. The cryptocurrency reacted positively to the data, which showed GDP growth below expectations and Personal Consumption Expenditures in line with expectations. The BTC/USD spot price has been edging closer to $27,000. The market is also keeping an eye on Federal Reserve Chair Jerome Powell’s comments. Traders and analysts have expressed optimism about the day’s move. However, it is important to note that this article does not provide investment advice or recommendations.
AI Sentiment: Neutral
