#USRetailSalesMissForecast

📉 US Retail Sales Miss Expectations

US retail sales came in weaker than forecast, signaling slowing consumer demand.

This puts pressure on USD and supports risk assets like BTC and ETH in the short term as rate-cut expectations rise.

BTC
BTC
67,301.88
-1.38%
ETH
ETH
1,970.89
-1.26%

Market takeaway:

‱ Weak data = dovish Fed narrative

‱ Volatility stays high

‱ Crypto reacts faster than stocks

👀 Are we setting up for a relief bounce?

#Macro #CryptoMarket #BTC #ETH