Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 78
    CryptoNewsSponsored Article

    Best Meme Coin to Buy in 2025? Pudgy Penguins Volume Hits $446M as MoonBull Presale Targets $0.00616 Listing

    The best meme coin to buy in 2025 may not be a…

    By
    Benedikt Krüger
    October 6, 2025
    image 80
    CryptoNewsSponsored Article
    The New Crypto in Uptober –  MoonBull Presale Shatters Records As Ripple Climbs Higher And Solana Blasts Through The Markets
    October 5, 2025
    image 76
    CryptoNewsSponsored Article
    MoonBull Presale Rush: Secure Your Spot – The Top Crypto to Buy Now While SUI and Bitcoin Cash Hold Strong
    October 5, 2025
    image 70
    CryptoNewsSponsored Article
    Best Crypto to Buy Right Now? MoonBull Presale Delivers 106% Early Gains as Cardano Hits $0.85 and Polkadot Climbs 4.4%
    October 4, 2025
    image 63
    NewsCryptoSponsored Article
    Best Crypto to Join This Week: MoonBull Presale Offers 11,800% Gains, Dogecoin Up Double Digits, Shiba Inu at $7.3B Cap
    October 4, 2025
  • Cryptocurrency
    image 78
    Best Meme Coin to Buy in 2025? Pudgy Penguins Volume Hits $446M as MoonBull Presale Targets $0.00616 Listing
    9 Min Read
    image 80
    The New Crypto in Uptober –  MoonBull Presale Shatters Records As Ripple Climbs Higher And Solana Blasts Through The Markets
    8 Min Read
    image 76
    MoonBull Presale Rush: Secure Your Spot – The Top Crypto to Buy Now While SUI and Bitcoin Cash Hold Strong
    8 Min Read
    image 70
    Best Crypto to Buy Right Now? MoonBull Presale Delivers 106% Early Gains as Cardano Hits $0.85 and Polkadot Climbs 4.4%
    8 Min Read
    image 63
    Best Crypto to Join This Week: MoonBull Presale Offers 11,800% Gains, Dogecoin Up Double Digits, Shiba Inu at $7.3B Cap
    8 Min Read
    image 45
    Best Crypto Coin Opportunity: MoonBull Presale Builds Early Buzz With Sky-High ROI Potential as Shiba Inu and Bonk Run Hot
    9 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Breaking News: Key Data Released—What’s Next for the Fed and Crypto?
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 > Crypto > Breaking News: Key Data Released—What’s Next for the Fed and Crypto?
CryptoMarketNews

Breaking News: Key Data Released—What’s Next for the Fed and Crypto?

the impact of U.S. inflation data on cryptocurrency and Federal Reserve decisions. The design incl
Ezeudo Nwosu
Last updated: December 11, 2024 3:56 pm
By
Ezeudo Nwosu
Published December 11, 2024
2 Min Read
Share

As the November inflation data is released, its significance has grown immensely, following the October figures. The Federal Reserve (Fed) now faces critical decisions with implications for financial markets, particularly cryptocurrencies. Here’s a detailed breakdown.

Contents
  • U.S. Inflation Data in Focus
  • How Does This Impact the Fed?
  • Crypto Market Reaction
  • Key Takeaways

U.S. Inflation Data in Focus

The Fed has two core mandates: price stability and maintaining employment. Today’s inflation figures are expected to heavily influence the Fed’s decision on rate cuts in its upcoming December 18 meeting.

The reported inflation rates are as follows:

  • Headline Inflation: 2.7% (in line with the 2.7% forecast, previously 2.6%).
  • Core Inflation: 3.3% (matching both forecast and prior values).

The data aligns with expectations, calming immediate concerns in the markets. Offshore yuan dropped 0.5%, while the U.S. Dollar Index rose 0.3%, marking its two-week high. Meanwhile, geopolitical concerns, including potential U.S.-China trade tensions under Donald Trump, continue to weigh on the global economy.

How Does This Impact the Fed?

With inflation figures as anticipated, market participants are increasingly optimistic about a 25-basis-point rate cut, now considered 86% likely for the December meeting. Fed officials have hinted at potential pauses in rate cuts, making today’s data pivotal.

If equity markets open positively, it could further buoy cryptocurrency prices, creating favorable conditions for continued growth.

Crypto Market Reaction

Shortly after the data release, Bitcoin climbed to $98,700, signaling strong market optimism. The alignment of inflation data with forecasts provides a supportive backdrop for risk-on assets like cryptocurrencies. Should the Fed proceed with the anticipated rate cut, the broader crypto market may witness a surge in investor confidence.

Key Takeaways

The U.S. inflation report is a critical piece in shaping both the Fed’s policy direction and the future of the crypto market. As the December 18 meeting approaches, investors will closely monitor Fed statements and broader macroeconomic trends.

For more updates on cryptocurrency and financial markets, visit Dey There regularly.

Advertising

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

Binance to Support Upcoming Firo Network Upgrade and Hard Fork

Chainlink Unveils Game-Changing CRE Update: A New Era for Blockchain

Ripple CTO Explains Why XRPL DEX Is Not Being Used for Payments

All Eyes on May 22: Will SEC Approve the Spot XRP ETF?

Qubetics Raises Over $4.2 Million in Blazing Presale, Binance Is Stable, and Fantom Faces an 8% Increase

TAGGED:BitcoinCryptocurrencyFederal Reserve

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
ByEzeudo Nwosu
Ezeudo Nwosu is a blockchain and cryptocurrency professional with over 8 years of experience in the industry. With a background in software engineering, Ezeudo has been at the forefront of developing innovative blockchain solutions that address key challenges in various sectors. His work includes leading blockchain integration projects and advising on the creation of decentralized applications (dApps). Ezeudo is recognized for his deep technical knowledge and his ability to translate complex blockchain concepts into practical applications. At DT NEWS, he offers expert insights into the latest developments in blockchain technology and cryptocurrencies, helping readers stay informed about the future of digital finance.
Previous Article XRP is significant inflows to Binance and the RLUSD stablecoin approval. The design includes the XRP logo p Could Binance Inflows Create Selling Pressure for XRP?
Next Article featuring SOL BTC and STX cryptocurrencies. The design includes a Bitcoin logo Solanas emblem and STXs Expert Insights on SOL, BTC, and STX: Key Levels and Predictions
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.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)