US Q2 GDP Price Index Revised to 6.4%

The upward revision of the Q2 GDP price index to 6.4% underscores that inflation is not fading as quickly as some hoped, which could keep the Federal Reserve on a hawkish path. For crypto and other risk assets, this matters because tighter monetary conditions tend to reduce liquidity and dampen speculative demand. The key is whether this revises market expectations for rate cuts later this year; if it does, volatility in digital assets could persist. Watch for upcoming inflation prints and Fed commentary to confirm if this is a one-off or a trend.