Crypto Markets Mixed Before US Inflation Data, Fed Decision.

미국 인플레이션 데이터 이전에 혼합된 암호화폐 시장, 연준 결정.

• Asian markets showed divergence as investors awaited crucial US data and the Federal Reserve's policy decision.

• Anticipated data includes a +0.1% Y/Y increase in headline CPI for November, with core CPI expected to rise +0.2% M/M.

  예상 데이터에는 11월 헤드라인 CPI의 +0.1% Y/Y 증가가 포함되며 핵심 CPI는 +0.2% M/M 상승할 것으로 예상됩니다.

• Non-farm payrolls for November surpassed expectations at 199k, with a lower unemployment rate of 3.7%.

  11월 비농업 고용은 199,000명으로 예상치를 넘어섰고 실업률은 3.7%로 낮았습니다.

• Average hourly earnings rose by 0.4% MoM, exceeding the expected 0.3%, and the participation rate increased to 62.8%.

Major Events To Watch:

주목해야 할 주요 이벤트:

Crypto Fear and Greed:

Over the past day, the cryptocurrency market underwent a phase of consolidation, resulting in price stabilization and a neutral stance on the "Greed and Fear Index." Presently registering at 74 on a scale ranging from 0 to 100, the index indicates a moderate degree of investor sentiment.

지난 하루 동안 암호화폐 시장은 통합 단계를 거쳐 가격이 안정되고 '탐욕과 공포 지수'에 대한 중립 입장이 나타났습니다. 현재 0에서 100까지의 범위에서 74에 등록된 이 지수는 적당한 수준의 투자 심리를 나타냅니다.

Latest Market Update: 

• Bitcoin, the world's oldest and most esteemed cryptocurrency, maintained its position below the $43,500 mark on early Monday.

  세계에서 가장 오래되고 가장 존경받는 암호화폐인 비트코인은 월요일 오전 43,500달러 미만의 위치를 ​​유지했습니다.

• Despite minor losses in other leading cryptocurrencies, popular altcoins such as Ethereum, Solana, Ripple, Litecoin, and Dogecoin experienced slight declines across the board.

• BitTorrent (New) has surged to the forefront with an impressive 25.00% gain in the past 24 hours.

  BitTorrent(신규)는 지난 24시간 동안 인상적인 25.00%의 상승률을 기록하며 선두로 급등했습니다.

• Apecoin, on the other hand, suffered the most substantial loss, declining by 11.36% over the last 24 hours.

• Total crypto market volume in the last 24 hours: $84 billion, marking a 16% decrease.

• DeFi (Decentralized Finance) volume: $7.95 billion, constituting 10.70% of the total crypto market 24-hour volume.

  DeFi(분산 금융) 거래량: 79억 5천만 달러로 전체 암호화폐 시장 24시간 거래량의 10.70%를 차지합니다.

• Volume of all stable coins: $65.8 billion, representing 88.52% of the total crypto market 24-hour volume.

• Bitcoin dominance: 53.42%, experiencing a 0.33% decrease over the day.

Major Worldwide News Update:

주요 전세계 뉴스 업데이트:

• In November, nonfarm payrolls recorded a growth of 199,000, exceeding the anticipated 190,000. The unemployment rate saw a decline to 3.7%, surpassing the predicted 3.9%. The positive figures were influenced by increased government hiring and the return of workers from strikes. These results underscore the job market's robustness, alleviating worries about recent upticks in the unemployment rate.

• The FOMC is expected to maintain rates at 5.25-5.50% in December. Despite Chair Powell's readiness to tighten policy further, the market anticipates a shift towards rate cuts in 2024. Economists project rates to stay until July 2024, but markets price in a potential cut as early as March. Concerns linger about the market's dovish pricing and the Fed's communication strategy amid persistent inflation.

• The upcoming Consumer Price Index data for November 2023, scheduled for release on December 12 at 8:30 am ET, is expected to show a slowdown in inflation. This is attributed to the decline in energy prices. Market forecasts indicate a steady monthly and 3% yearly rise in headline CPI. Core CPI, excluding food and energy, is anticipated to increase by 0.3% on a monthly basis and 4% annually—exceeding the Federal Reserve's 2% target. These projections contribute to the growing belief in the market that a potential Federal Reserve rate cut may occur by spring.

  12월 12일 오전 8시 30분(ET)에 발표될 예정인 2023년 11월 소비자 물가 지수 데이터는 인플레이션 둔화를 보여줄 것으로 예상됩니다. 이는 에너지 가격 하락에 따른 것이다. 시장 예측에 따르면 헤드라인 CPI는 월간, 연간 3%씩 꾸준히 상승할 것으로 예상됩니다. 식품과 에너지를 제외한 핵심 CPI는 월간 0.3%, 연간 4%씩 증가할 것으로 예상된다. 이는 연준 목표치 2%를 초과하는 수치이다. 이러한 전망은 봄까지 연준의 금리 인하 가능성이 있다는 시장의 믿음이 커지는 데 기여합니다.

• MicroStrategy's (MSTR) shares have soared since adopting a Bitcoin strategy in August 2020, outperforming S&P 500, Nasdaq, Gold, Silver, bonds, and even Bitcoin. With a 385% growth compared to Bitcoin's 274%, MicroStrategy's steadfast Bitcoin holdings and recent market events contribute to its impressive surge.

• Venus Protocol addresses rumors of an exploit, attributing concerns to a short-term pricing issue from the Binance Oracle affecting a specific pool. The incident underscores the importance of transparency in the decentralized finance space, amid recent security challenges, including KyberSwap's $46 million exploit.

  비너스 프로토콜은 특정 풀에 영향을 미치는 바이낸스 오라클의 단기 가격 문제에 대한 우려를 제기하면서 익스플로잇에 대한 소문을 다룹니다. 이 사건은 KyberSwap의 4,600만 달러 규모의 익스플로잇을 포함하여 최근 보안 문제가 발생하는 가운데 분산 금융 공간에서 투명성의 중요성을 강조합니다.

• Comedian Owen Benjamin ignites debate by labeling Bitcoin a "decentralized Ponzi scheme." Ripple CTO David Schwartz questions spending behavior amid a declining dollar, while author Saifedean Ammous defends Bitcoin's scarcity. The ongoing discourse reflects the evolving nature of the crypto space and regulatory scrutiny.

  코미디언 오웬 벤자민(Owen Benjamin)은 비트코인을 "분산형 폰지 사기"라고 규정하여 논쟁을 촉발시켰습니다. Ripple CTO인 David Schwartz는 달러 가치 하락 속에서 지출 행동에 의문을 제기하고, 저자 Saifedean Ammous는 비트코인의 희소성을 옹호합니다. 진행 중인 담론은 암호화폐 공간의 진화하는 특성과 규제 조사를 반영합니다.

• Google is updating its crypto ads policy, requiring advertisers offering Cryptocurrency Coin Trusts in the US to obtain certification. Effective January 29, 2024, the certification process ensures adherence to Google's standards, promoting trustworthy cryptocurrency-related ads. Global compliance with local laws is emphasized, extending the policy to NFT advertisements.

• Bitcoin and Ether led a crypto rally, with Bitcoin resilient at $43,700 after a minor dip. Ether sustained monthly gains of almost 25% and a year-to-date rise of about 95%. Optimism around the April 2024 Bitcoin halving and potential ETF approvals contributed to a 56% gain since October 2023. The debut of JTO governance token and Solana's 11% increase indicated broader market trends. Analysts foresee a cycle where Bitcoin takes the lead, followed by Ethereum, Solana, and other altcoins.

  비트코인과 이더리움은 암호화폐 랠리를 이끌었고, 비트코인은 소폭 하락한 후 43,700달러에 탄력을 받았습니다. 이더리움은 월간 상승률이 거의 25%에 달했고, 연간 상승률은 약 95%에 달했습니다. 2024년 4월 비트코인 ​​반감기와 잠재적인 ETF 승인에 대한 낙관론은 2023년 10월 이후 56%의 상승에 기여했습니다. JTO 거버넌스 토큰의 출시와 솔라나의 11% 증가는 더 넓은 시장 추세를 나타냅니다. 분석가들은 비트코인이 선두를 차지하고 이더리움, 솔라나 및 기타 알트코인이 뒤따르는 순환을 예측합니다.

COIN GABBAR Views: Will Bitcoin overcome resistance, or is a correction looming below $40,000? Could $50,000 be the next target, and will the Santa Claus rally endure? In light of these dynamics, is it prudent to invest now, or should one weigh the option of liquidating their position? To get latest news Stay tuned us at coingabbar

Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

For More News: Crypto Daily Roundup, 8 Dec: Altcoins Sparkle, Bitcoin Takes a Siesta

추가 뉴스: 암호화폐 일일 요약, 12월 8일: Altcoins Sparkle, Bitcoin이 낮잠을 자다