Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Submitted by Anonymous (not verified) on Tue, 07/18/2023 - 17:00Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
Wednesday's CPI report showed sizable decelerations in both overall and core U.S.
Wednesday's CPI report showed sizable decelerations in both overall and core U.S.
Economists had forecast sizable year-over-year declines in both headline in and core inflation for this report.
Economists had forecast sizable year-over-year declines in both headline in and core inflation for this report.
The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.
The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.
In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.
In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.
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