Singapore's latest quarterly data has been released—Q4 GDP grew by 5.7% year-over-year, and this growth rate is quite good within Asia. Economic data directly impacts market sentiment, especially for traders. A positive regional economy often means more room for risk assets to rise, and the crypto market, as a high-risk asset, typically benefits from an overall improvement in economic outlook. As a major financial hub in Asia, Singapore's growth trend also reflects regional economic vitality, and it is worth paying continued attention to subsequent complete data and industry details.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
5
Repost
Share
Comment
0/400
airdrop_whisperer
· 12h ago
Singapore's 5.7% increase is indeed impressive, but compared to the fluctuations in the crypto market, it's still too mild.
View OriginalReply0
hodl_therapist
· 12h ago
5.7% is indeed impressive, but can this number in Singapore really boost the crypto market? I'm skeptical.
View OriginalReply0
CryptoWageSlave
· 13h ago
The 5.7% increase in New Lion City is indeed noticeable, and it's still a leading player in Asia. But can crypto really benefit from this economic improvement? Personally, I think there's a possibility.
Speaking of Singapore's status as a financial hub, this data will definitely trigger a market reaction. Keep a close eye on the detailed data behind it, and don't just look at the surface numbers.
View OriginalReply0
NFTBlackHole
· 13h ago
New coin growth rate of 5.7%, sounds good but why do I feel the market isn't reacting... Is it data lag or have institutions already digested it?
View OriginalReply0
rugged_again
· 13h ago
5.7%? Not bad, Singapore is stable this time. Is the crypto market about to take off?
Singapore's latest quarterly data has been released—Q4 GDP grew by 5.7% year-over-year, and this growth rate is quite good within Asia. Economic data directly impacts market sentiment, especially for traders. A positive regional economy often means more room for risk assets to rise, and the crypto market, as a high-risk asset, typically benefits from an overall improvement in economic outlook. As a major financial hub in Asia, Singapore's growth trend also reflects regional economic vitality, and it is worth paying continued attention to subsequent complete data and industry details.