$XRP #USRetailSalesMissForecast

The easing of the Fed's policy: Weak consumer spending gives the Federal Reserve (Fed) more arguments for lowering interest rates. The market hopes for an influx of liquidity.

Pressure on the dollar (DXY): Worse-than-expected data usually weakens the dollar, which historically is a positive signal for Bitcoin ($BTC ) and other risk assets.

BTC reaction: Against the backdrop of the data release, the price of Bitcoin demonstrated volatility as investors weigh recession risks against potential easing of monetary policy.

The "miss" in forecasts reinforces expectations of a "soft landing" for the economy, but also hints that high rates have started to pressure American wallets. We are monitoring the reaction of the US stock market.

#USRetailSalesMissForecast #Macro #Bitcoin #BinanceNews #CryptoMarket