المدونة
Daily News | Fed Signals End of Rate Hike Cycle as US Economy Slows, Bitcoin Remains Steady, SushiSwap Hack Results in $3M in Losses
BTC and ETH trade in tight ranges with high liquidity. SushiSwap suffers a $3.3 million loss due to an exploit. The US Federal Reserve could pause or reverse rate hikes if economic conditions worsen, following the latest NFP jobs report showing weakness. The Fed_s next key data point is the April 12 consumer price report.
Gate.io Researcher: Peter L.
2023-04-10
Daily News | Tech Woes Lead to Cautious Start for Asian Equities and Crypto, Zhejiang Upgrade Goes Live, OP Announces Bedrock Upgrade
Earnings reports from tech giants such as Apple, Amazon, and Alphabet have brought down the Nasdaq in the after-hours. BTC and ETH fell slightly as a result. On Friday, key economic reports including the January NFP & Unemployment Rate and PMI services readings are due. Meanwhile, Optimism just announced its Bedrock upgrade.
Gate.io Researcher: Peter L.
2023-02-03
Daily News | Dovish Powell Speech Gave Way To Wall Street Optimism, Crypto Surged With Equity Indices
US equity market rose after Fed Chair Powell stated that the central bank has made progress in controlling inflation. BTC and ETH followed with a 3% and 4% rise, respectively. The BOE, ECB are expected to report rate hikes on Thursday while the most anticipated NFP data is coming from the US tomorrow.
Gate.io Researcher: Peter L.
2023-02-02
Daily News | US Saw Explosive Gains After NFP Release, Crypto Climbs Ahead of US CPI Due Thursday
S&P 500 saw spectacular gains due to speculation that Fed could be less aggressive with rate hikes. US inflation rate expected to show decrease in cost pressures on Thursday. Meanwhile, SOL saw impressive gains of 37% in the past week.
Gate.io Researcher: Peter L.
2023-01-09
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تسجيل
Daily News | Weak Weekend For Crypto, NFP Data Hints Fed May Place Rate Hikes Target Higher
Trading volumes continue to decline in crypto markets and VIX remains below the critical 20. US added 263K jobs in Nov. though unemployment remained low at 3.7%, implying the Fed may deem the US labor market and the economy to be strong enough to sustain more rate hikes.
Gate.io Researcher: Peter L.
2022-12-05
Daily News | NFP Is Coming Amid Declining Volumes And Record Low Volatility
Bitcoin and Ether’s correlations with VIX remain above 50, implying the combination with declining trading volumes may result in stagnant price movements going into next week. Friday, traders will look to the latest unemployment rate and Non-farm Payroll coming from the largest economy at 13:30 UTC.
Gate.io Researcher: Peter L. & Byron B.
2022-12-02
Daily News | BoE Raised Rates to 3.00%, Investors Await NFP data
BTC & ETH’s inverse correlations with the Dollar remain high relative to a week ago. The NFP report for October is out Friday, followed by the Consumer Price Index on Nov. 10. Global macro events will also be considered like Russia_s war against Ukraine and the effects of China_s zero-COVID policy.
Gate.io Researcher: Peter L. & Byron B.
2022-11-04