U.S. trade deficit **shrinks to just $29.4 billion in October the lowest since 2009 as imports fell and exports climbed 🧾📊, surprising economists who expected a wider gap based on forecasts. Exports hit $302 billion while imports dropped to $331.4 billion, signaling cooling domestic demand and stronger external demand patterns.
Macro impact: USD strength ticked up, boosting risk assets early. In crypto, BTC trades near $96,000-$98,500, with key support at $94,000 and resistance approaching $102,000. Traders eye macro flows: narrowing deficit often eases inflation pressure but can dampen risk appetite. Expect volatility and rotation into safe havens.
