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Citigroup: Inflation slows, Fed rate cuts may exceed current expectations ChainCatcher reported that the Federal Reserve raised its federal funds rate target by 0.5 percentage points by the end of 2025. Citigroup economist Andrew Hollenhorst believes the Federal Reserve may find itself in a state of confusion. Due to a 0.1% month-on-month increase in core PCE in November, the slowdown in price increases, the Federal Reserve's eventual rate cut may exceed current expectations. "In our baseline assumption, a softening labor market will lead the Federal Reserve to cut rates at each subsequent meeting." This view differs from the market's expectation that the Federal Reserve will pause rate cuts in January. "But even if we're wrong, a flat unemployment rate and slowing inflation would be enough reason to cut rates at least at every meeting beyond January." $BTC $ETH $SOL
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HYPE breaks through $31, hitting a new all-time high According to market data, HYPE has broken through $31, currently trading at $31.072, with a 24-hour increase of 22.31%, setting a new all-time high. $BTC $ETH $SOL
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Binance will list AIXBT, FARTCOIN, KMNO and CGPT U-margined perpetual contracts According to the official announcement, Binance will list perpetual contracts for AIXBT, FARTCOIN, KMNO, and CGPT with up to 75x leverage. The specific timeline is as follows: December 21, 2024, 02:30 (UTC+8): AIXBTUSDT perpetual contract December 21, 2024, 02:45 (UTC+8): FARTCOINUSDT perpetual contract December 21, 2024, 03:00 (UTC+8): KMNOUSDT perpetual contract December 21, 2024, 03:15 (UTC+8): CGPTUSDT perpetual contract $BTC $ETH $SOL
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HYPE breaks through 30 USDC, up 21.32% in 24 hours Foresight News, HYPE surges and breaks through 30 USDC, currently reported at 30.011 USDC, 24H increase of 21.32%. $BTC $ETH $SOL
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FARTCOIN market value exceeds 1.2 billion, 24H increase of 16.20% Odaily reported that according to GMGN market data, FARTCOIN has surged above 1.2 USDT, currently trading at 1.227 USDT, with a 24H increase of 16.20%, and a market cap of approximately $12.2 billion. Odaily reminds users that <meme> coin prices fluctuate significantly, and investors should exercise caution when participating. $BTC $ETH $SOL
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