Macro· ★★· bearish·

US durable goods orders rise 1.8%, below forecast, weighing slightly on bitcoin

  • —Orders rose 1.8% m/m versus 2% expected and 0% prior
  • —Data curbed Fed rate-cut expectations, pressuring risk assets
  • —BTC at $80,064 (-0.4%), ETH at $2,322 (-0.3%) over 24 hours
  • —Market reaction was muted as the print came in near consensus
Why it matters: A resilient US economy delays rate cuts, capping upside for BTC and ETH in the near term.
Source: Siam Blockchain