UK GDP Grows 0.4% in Three Months to July, Beating 0.3% Forecast

The beat is modest, but the steadiness matters more than the surprise: growth holding at the prior pace suggests the UK economy is not decelerating as feared, which supports the case for the Bank of England to stay patient on rate cuts. For crypto and RWA markets, the read-through is indirect — a firmer growth backdrop can keep sterling and gilt yields supported, which in turn shapes the risk appetite that digital-asset flows track. Whether the momentum persists into the next reading is the open question.