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4E: The three major U.S. stock indexes all fell, the volatility of the crypto market increased, and the market awaited tonight’s CPI data.
Editor
2024-12-11 11:32 5,328
According to news on December 11, according to 4E monitoring, on the eve of the release of U.S. CPI data, U.S. stocks fell collectively and the three major indexes fell. The S&P 500 closed down 0.30%, the Dow closed down 0.35%. It fell for the fourth consecutive trading day, and the Nasdaq hit a record high. After hitting an all-time intraday high, it fell, eventually closing down 0.25%. In the crypto concept stock sector, MicroStrategy rose 3.3% due to market speculation that it may be included in the Nasdaq 100 index, and Coinbase fell 2.61%. The encryption market has experienced a violent correction. Affected by the launch of Google's latest quantum chip Willow, which triggered the encryption community's discussion of quantum computing attacks, Bitcoin fell from around US$100,000, once approaching the US$94,000 mark, and altcoins generally fell by 20 % or so, becoming the largest decline in the market in recent times. As of press time, Bitcoin is hovering around $97,000. In terms of foreign exchange commodities, the U.S. dollar index rose to a new one-week high, rising for the third consecutive day; geopolitical risk aversion and market bets on the Federal Reserve's interest rate cut next week boosted gold prices, with spot gold rising by more than 1% to test $2,700; the situation in Syria eased And potential stimulus measures in major emerging countries supported market confidence, and oil prices stopped falling and stabilized. The current market focus is on the US November CPI data to be released at 21:30 tonight, which will largely affect the interest rate path of the Federal Reserve at its meeting on December 17th and 18th. CME's FedWatch tool shows traders see an 86% chance of a rate cut next week. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.
Keywords: Bitcoin
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