According to Deep Tide TechFlow news, on November 26, the shopping season from Thanksgiving to “Black Friday” and “Cyber Monday” in the United States is expected to see 186.9 million participants, with sales exceeding $1 trillion for the first time, driven by strong consumption expectations that boost the sentiment in the U.S. stock retail and technology zones. BiyaPay analysts point out that if holiday consumption data materializes, it is likely to alleviate market concerns about a hard landing in the economy, and a rise in risk appetite will favour high-risk assets, including Bitcoin, to stabilize or even rebound. However, caution is needed regarding potential disturbances from subsequent inflation and interest rate expectations. Currently, users can trade U.S. stocks, Hong Kong stocks, and futures using USDT through BiyaPay, while enjoying 0 transaction fees for digital money spot and contract trading, allowing for flexible allocation of various assets and risk diversification amid holiday trends and Bitcoin fluctuations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BiyaPay Analyst: The U.S. version of "Double 11" is approaching, U.S. stocks are warming up and Bitcoin is stabilizing.
According to Deep Tide TechFlow news, on November 26, the shopping season from Thanksgiving to “Black Friday” and “Cyber Monday” in the United States is expected to see 186.9 million participants, with sales exceeding $1 trillion for the first time, driven by strong consumption expectations that boost the sentiment in the U.S. stock retail and technology zones. BiyaPay analysts point out that if holiday consumption data materializes, it is likely to alleviate market concerns about a hard landing in the economy, and a rise in risk appetite will favour high-risk assets, including Bitcoin, to stabilize or even rebound. However, caution is needed regarding potential disturbances from subsequent inflation and interest rate expectations. Currently, users can trade U.S. stocks, Hong Kong stocks, and futures using USDT through BiyaPay, while enjoying 0 transaction fees for digital money spot and contract trading, allowing for flexible allocation of various assets and risk diversification amid holiday trends and Bitcoin fluctuations.