Tag Archives: bounce

US retail sales bounce around in a whipsaw trade environment

US retail sales bounce around in a whipsaw trade environment

WASHINGTON (AP) — Consumers picked up their spending in June after an earlier pullback, despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% in June, the Commerce Department said Thursday, after two consecutive months of spending declines, a 0.1% pullback in April and a 0.9% slowdown in May. Retail was buoyed earlier …

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Bitcoin’s bounce, bid stacking, & the regulatory spark the bulls await

Bitcoin’s bounce, bid stacking, & the regulatory spark the bulls await

Key Takeaways Bitcoin’s bounce off $117k, and heavy bid stacking hint that bulls aren’t done yet. Rebounding spot demand suggests it could be dry powder prepping for re-entry as “Crypto Week” heats up. Bitcoin’s [BTC] 1.32% intraday bounce off its previous day’s $117k close is another reminder that a confirmed local top isn’t here yet.  The $90 million short liquidity …

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