On May 1, 2025, Robinhood's impressive growth in crypto revenue signals potential positive earnings reports in the U.S., juxtaposed with recent economic contractions due to tariffs implemented by President Trump. While the U.S. GDP fell by 0.3% and stock prices experienced the worst performance in decades, cryptocurrency markets showed resilience, particularly with Bitcoin rising nearly 15% in April as investors sought safe havens. Analysts point to weak macroeconomic data as a backdrop for anticipated interest rate cuts, which are benefiting both equities and cryptocurrencies. Meanwhile, Ethereum's upcoming Pectra upgrade seeks to enhance its user-friendliness, addressing competitive pressure from other blockchains. Further developments include a series of token unlocks, upgrades, and earnings reports from notable firms like Block and Riot Platforms, providing various insights into the dynamics of the crypto market amidst broader economic challenges.

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