BPOI Banner
Most states are experiencing an uptick in the joblessness, pointing to a potential economic swoon ahead. (MacroMicro) Most states are experiencing an uptick in the joblessness, pointing to a potential economic swoon ahead. (MacroMicro)

Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin (BTC) Rally

The U.S. Household Survey, which tracks the unemployment rate across 50 states, Washington D.C., and Puerto Rico, showed that as of August, more than 57% of states experienced an increase in joblessness compared to the preceding month and the same period last year, according to data tracked by MacroMicro.

Source link

Omkar Godbole

https://www.coindesk.com/markets/2024/09/26/key-indicators-challenge-feds-normalization-rate-cut-that-torched-bitcoin-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-09-26 07:40:30

bitcoin
Bitcoin (BTC) $ 95,480.58 1.64%
ethereum
Ethereum (ETH) $ 3,283.68 1.32%
tether
Tether (USDT) $ 1.00 0.11%
xrp
XRP (XRP) $ 2.20 1.42%
bnb
BNB (BNB) $ 648.77 1.69%
solana
Solana (SOL) $ 180.98 0.06%
dogecoin
Dogecoin (DOGE) $ 0.312031 3.00%
usd-coin
USDC (USDC) $ 1.00 0.12%
staked-ether
Lido Staked Ether (STETH) $ 3,276.59 1.35%
cardano
Cardano (ADA) $ 0.884148 2.03%
tron
TRON (TRX) $ 0.244363 0.11%
avalanche-2
Avalanche (AVAX) $ 36.55 2.22%
chainlink
Chainlink (LINK) $ 22.15 0.52%
the-open-network
Toncoin (TON) $ 5.40 2.11%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,892.35 1.40%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,197.51 1.90%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 0.90%
sui
Sui (SUI) $ 4.32 0.79%
stellar
Stellar (XLM) $ 0.356813 0.22%
polkadot
Polkadot (DOT) $ 6.84 1.33%
hedera-hashgraph
Hedera (HBAR) $ 0.265661 4.96%
hyperliquid
Hyperliquid (HYPE) $ 29.21 9.19%
weth
WETH (WETH) $ 3,280.25 1.37%
bitcoin-cash
Bitcoin Cash (BCH) $ 446.66 2.21%
leo-token
LEO Token (LEO) $ 9.32 0.00%
uniswap
Uniswap (UNI) $ 13.91 4.37%
pepe
Pepe (PEPE) $ 0.000018 2.86%
litecoin
Litecoin (LTC) $ 99.64 1.30%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,463.20 1.40%
near
NEAR Protocol (NEAR) $ 5.03 0.83%
ethena-usde
Ethena USDe (USDE) $ 0.999986 0.04%
bitget-token
Bitget Token (BGB) $ 4.13 0.41%
usds
USDS (USDS) $ 0.999312 0.10%
aptos
Aptos (APT) $ 9.29 0.90%
internet-computer
Internet Computer (ICP) $ 9.97 0.61%
aave
Aave (AAVE) $ 317.17 6.21%
crypto-com-chain
Cronos (CRO) $ 0.154475 1.71%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.473691 0.60%
mantle
Mantle (MNT) $ 1.17 0.92%
ethereum-classic
Ethereum Classic (ETC) $ 26.06 0.27%
vechain
VeChain (VET) $ 0.045765 1.53%
render-token
Render (RENDER) $ 7.06 0.13%
whitebit
WhiteBIT Coin (WBT) $ 24.47 0.11%
mantra-dao
MANTRA (OM) $ 3.70 2.01%
monero
Monero (XMR) $ 189.41 3.39%
dai
Dai (DAI) $ 1.00 0.24%
bittensor
Bittensor (TAO) $ 452.87 0.48%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.25 0.39%
arbitrum
Arbitrum (ARB) $ 0.747134 0.49%
ethena
Ethena (ENA) $ 1.05 4.49%