Blue chip cryptocurrency markets have seen limited to no reaction to the latest US Retail Sales figures for July, which should underpin optimism that the US economy remains far from recession.
Bitcoin (BTC) was last trading in the $29,100s and Ether (ETH) in the $1,820s, with the latest data doing little to alter the macro narrative that the Fed’s interest rate hiking cycle is over thanks to the fact that US inflation continues to trend in the right direction….
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