The US economy expanded at an annualized rate of 3.4% in the third quarter, according to preliminary data released on October 29. This reading exceeded the consensus estimate of 3.2% and marked a significant acceleration from the previous quarter's growth rate of 2.2%.
The stronger-than-expected GDP figures reflect robust economic activity heading into the final quarter of 2026. For crypto markets, such macroeconomic data often influences risk appetite and liquidity conditions, as investors assess the trajectory of monetary policy amid sustained economic growth.
US Q3 GDP Growth Hits 3.4%, Beating Estimates Amid Strong Economic Expansion
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