Subdued Overall Retail Growth Highlights Caution: Crypto Benefits from Dovish Outlook
Total Retail Sales m/m reflected restrained consumer activity, influenced by volatile categories and holiday timing, failing to deliver the robust growth that would signal inflationary pressures.Vigorous retail sales growth often strengthens the dollar via inflation expectations; yesterday's modest performance suggests the opposite, aligning with a softer economic backdrop.
Crypto investors should view this as encouraging: weaker consumption reduces upside risks to rates, enhancing liquidity conditions favorable for digital assets. In a market where Bitcoin has shown resilience despite corrections, this data supports sustained inflows, positioning crypto for potential gains as traditional markets digest the implications for prolonged easy money.
#retail #RetailSales #BTC #TrendingTopic #Retailers $BTC @EliteDailySignals
Move with the market - move with us!