Retail sale Mom report time 6:30 PM PK

Positive or Negative suggestions required.

The impact of retail sales mom on cryptocurrencies can be seen in the market trends. When retail sales are on the rise, it often leads to increased demand for cryptocurrencies. This is because people have more money to spend and are looking for alternative investment opportunities. On the flip side, if retail sales are declining, it can lead to a decrease in demand for cryptocurrencies as people become more cautious with their spending. So, the performance of retail sales mom can be a good indicator of the overall sentiment towards cryptocurrencies.