Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Bitcoin Treasury CEO Slams ‘Failed Altcoins’ for Diluting Corporate Balance Sheets
    NewsBitcoinCryptoMarket

    Bitcoin Treasury CEO Slams ‘Failed Altcoins’ for Diluting Corporate Balance Sheets

    As more firms diversify their crypto treasuries, Bitcoin-focused leaders are warning of…

    By
    Maxwell Mutuma
    September 15, 2025
    image 360
    CryptoNewsSponsored Article
    Want Free Money? MoonBull Rolls Out $15,000 Giveaway – The Best Crypto to Watch in 2025 as Bonk and Brett Rally
    September 15, 2025
    Crypto Market Catalysts September 2025
    NewsBitcoinCryptoEthereumMarket
    Crypto Market Catalysts September 2025: What Traders Need to Watch
    September 15, 2025
    USDH Stablecoin Rollout What Native Markets’ Win Means for Hyperliquid’s Future
    NewsCryptoMarket
    USDH Stablecoin Rollout: What Native Markets’ Win Means for Hyperliquid’s Future
    September 15, 2025
    Donald Trump
    NewsCryptoMarket
    Trump’s Push to Oust Fed Governor Adds Drama to Rate Cut Expectations and Crypto Markets
    September 15, 2025
  • Cryptocurrency
    Bitcoin Treasury CEO Slams ‘Failed Altcoins’ for Diluting Corporate Balance Sheets
    Bitcoin Treasury CEO Slams ‘Failed Altcoins’ for Diluting Corporate Balance Sheets
    7 Min Read
    image 360
    Want Free Money? MoonBull Rolls Out $15,000 Giveaway – The Best Crypto to Watch in 2025 as Bonk and Brett Rally
    6 Min Read
    Crypto Market Catalysts September 2025
    Crypto Market Catalysts September 2025: What Traders Need to Watch
    7 Min Read
    USDH Stablecoin Rollout What Native Markets’ Win Means for Hyperliquid’s Future
    USDH Stablecoin Rollout: What Native Markets’ Win Means for Hyperliquid’s Future
    7 Min Read
    Donald Trump
    Trump’s Push to Oust Fed Governor Adds Drama to Rate Cut Expectations and Crypto Markets
    7 Min Read
    image 353
    Jump in Early, Reap Big Rewards: MoonBull Unlocks 100x Crypto Potential, While Mog Coin and Pudgy Penguins Gain Momentum
    10 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: 3 Key U.S. Economic Indicators Just Released – Potential Impact on Bitcoin and Altcoins
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > 3 Key U.S. Economic Indicators Just Released – Potential Impact on Bitcoin and Altcoins
News

3 Key U.S. Economic Indicators Just Released – Potential Impact on Bitcoin and Altcoins

impact of newly released U.S. economic indicators on global markets including cryptocurrency. The scene includ
Emiliano Trejo
Last updated: November 1, 2024 1:52 pm
By
Emiliano Trejo
Published November 1, 2024
3 Min Read
Share

The highly anticipated U.S. economic data has just been released, revealing critical insights that are expected to influence the crypto market and broader financial landscape. The reports include the Unemployment Rate, Non-Farm Payrolls, and Average Hourly Earnings, each with the potential to create market shifts. Analysts suggest these indicators may provide valuable clues on the direction of the U.S. economy, potentially shaping upcoming movements in both crypto and global markets.

Contents
  • Unemployment Rate Holds Steady
  • Non-Farm Payrolls and Average Hourly Earnings Signal Mixed Trends

Unemployment Rate Holds Steady

The first release, the Unemployment Rate, plays a vital role in assessing the U.S. labor market. October’s unemployment rate came in as expected at 4.1%, indicating a stable labor market. Lower unemployment typically supports the U.S. dollar, reflecting a positive consumption outlook as it signals economic expansion. This stability offers investors a key confidence indicator regarding the state of the U.S. economy.

Non-Farm Payrolls and Average Hourly Earnings Signal Mixed Trends

The Non-Farm Payrolls report, a critical measure of U.S. job growth, showed an increase of 120,000 jobs in October, surpassing expectations of 106,000. Although below the previous month’s 254,000 increase, this figure hints at moderate labor growth. Job growth tends to positively impact the U.S. dollar by encouraging consumer spending. However, job additions falling short of prior levels may point to potential economic concerns.

The Average Hourly Earnings report, essential for insights into wage-driven inflation pressures, revealed a monthly growth of 0.4%, slightly above the forecasted 0.3%. Higher wages often increase consumer spending, affecting inflation expectations and influencing the value of the dollar. Rising wages also hint at the possibility of additional Federal Reserve action on interest rates, aligning with inflation trends and shaping market expectations.

These reports offer insight not only into the U.S. economy but also have a ripple effect on the global financial and crypto markets, as they may impact the Fed’s future monetary policy decisions. Investors are now watching closely to see how markets respond to this newly released data.

U.S. economic data, crypto market, Federal Reserve, unemployment rate, inflation

Advertising

For advertising inquiries, please email . [email protected] or Telegram

3 Top Cryptos in July 2025: MoonBull’s Whitelist Is Live — Grab the Bull Before It Runs

Japan Considers Major Crypto Tax Reform for 2025

BlackRock’s Bitcoin Fund Bleeds $420M—Will this ETF Losing Streak Continue?

Important Developments for 14 Altcoins Today: Here’s What to Expect!

Ripple and SEC Seek Settlement Pause — Is XRP Finally Breaking Free?

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByEmiliano Trejo
Emiliano Trejo has spent the last 9 years immersed in the world of blockchain and cryptocurrencies, becoming a prominent figure in the industry. With a background in economics and a keen interest in decentralized systems, Emiliano has contributed to several groundbreaking projects, including the development of blockchain-based financial products and services. His expertise lies in the intersection of blockchain technology and economic models, where he excels in creating innovative solutions that leverage the benefits of decentralization. At DT NEWS, Emiliano shares his deep knowledge of the global cryptocurrency market, offering insights that help readers understand both the technical and economic implications of blockchain innovations.
Previous Article focused on the headline Get Ready Analyst Sets Year End Targets for Bitcoin and Ethereum. The design features l Get Ready! Top Analyst Reveals Year-End Targets for Bitcoin and Ethereum
Next Article represents cryptocurrency market predictions for Pyth Network PYTH Bitcoin BTC and Dogecoin DOGE. The scene Analyst Predicts Major Surge for PYTH Amid Positive Outlook for Bitcoin and Dogecoin
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)