{"id":43098,"date":"2025-02-10T06:20:50","date_gmt":"2025-02-10T06:20:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=43098"},"modified":"2025-02-10T06:20:50","modified_gmt":"2025-02-10T06:20:50","slug":"weekly-market-round-up-key-events-recap","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=43098","title":{"rendered":"Weekly Market Round-Up: Key Events Recap"},"content":{"rendered":"<p>\ud83d\udcc9 <strong>Equity Markets<\/strong>:<br \/>\ud83d\udd3b The S&amp;P 500 and Nasdaq Composite fell by 1.0% and 1.6% respectively, while the Dow Jones Industrial Average rose slightly by 0.3%.<br \/>\ud83d\udca1 The tech sector experienced heightened volatility due to competition in AI technology.<\/p>\n<p>\ud83d\udcca <strong>Economic Indicators<\/strong>:<br \/>\ud83d\udc65 U.S. job creation slowed, with non-farm payrolls increasing by 143,000 (vs. 170,000 expected).<br \/>\ud83d\udcc9 The unemployment rate dipped to 4.0%.<br \/>\ud83d\udcb8 Average hourly earnings climbed by 0.5%, reflecting ongoing wage\u00a0growth.<\/p>\n<p>\ud83c\udfe6 <strong>Central Bank Actions<\/strong>:<br \/>\ud83d\udcb0 The Federal Reserve kept rates steady at 4.25%\u20134.50% amid inflation concerns.<br \/>\ud83c\uddec\ud83c\udde7 The Bank of England lowered its rate from 4.75% to 4.5%, marking its third cut in six months as economic worries\u00a0persist.<\/p>\n<p>\ud83e\ude99 <strong>Commodity Markets<\/strong>:<br \/>\ud83d\udcb0 Gold reached new highs, trading above $2,800 per ounce, as investors sought safe-haven assets.<\/p>\n<p>\ud83e\ude99 <strong>Cryptocurrency Developments<\/strong>:<br \/>\ud83d\udcc9 Bitcoin (BTC) hovered around $97,300, marking a 1.7% decline over the last 24 hours.<br \/>\ud83d\ude80 Altcoins like Cardano (ADA) and Dogecoin (DOGE) fell by 4% amid anticipation of U.S. payroll\u00a0data.<\/p>\n<p>\ud83d\udcc8 Stay ahead of the markets with NordFX. <a href=\"https:\/\/nordfx.com\/\">Learn\u00a0More<\/a><\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/weekly-market-round-up-key-events-recap-d235112face6\">Weekly Market Round-Up: Key Events Recap<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcc9 Equity Markets:\ud83d\udd3b The S&amp;P 500 and Nasdaq Composite fell by 1.0% and 1.6% respectively, while the Dow Jones Industrial Average rose slightly by 0.3%.\ud83d\udca1 The tech sector experienced heightened volatility due to competition in AI technology. \ud83d\udcca Economic Indicators:\ud83d\udc65 U.S. job creation slowed, with non-farm payrolls increasing by 143,000 (vs. 170,000 expected).\ud83d\udcc9 The unemployment [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-43098","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43098"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43098"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43098\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}