Topics Crypto InsightsCurrent Page

    Weekly Institutional Insights: Has the Turning Point for ETH/BTC Arrived?

    Advanced
    Crypto Insights
    Feb 17, 2025
    3 min read
    0

    AI Summary

    Show More

    Quickly grasp the article's content and gauge market sentiment in just 30 seconds!

    Detailed Summary

    Feb 17, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

    Enjoy our weekly take on the market!

    Weekly Highlight — Softer-Than-Expected U.S. Retail

    Source: Bloomberg

    In January 2025, U.S. retail sales saw a notable decline, the largest in nearly two years, indicating a sharp pullback in consumer spending after a robust holiday season in late 2024. According to Commerce Department data, retail purchases, not adjusted for inflation, dropped by 0.9%, following a revised 0.7% increase in December 2024. This downturn was evident across nine of the 13 reported categories, particularly in motor vehicles, sporting goods and furniture.

    Grab Up to 5,100 USDT in Rewards

    Also, enjoy 555% APR on Bybit Earn products!

    Start Earning Now