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U.S. Durable Goods Orders Jump 5.3% in November, Beating 3.1% Forecast

Core durable goods orders (excluding transportation) rose 0.5% month over month (m/m), ahead of 0.3% expectations. Such macro data can sway sentiment in Bitcoin and DeFi (blockchain-based finance) markets.

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Terms & Concepts
  • Core durable goods orders: A measure of new orders for long‑lasting manufactured items excluding transportation, used to gauge underlying demand.
  • DeFi: Decentralized finance built on blockchains, enabling services like lending and trading without traditional intermediaries.
  • Month over month (m/m): A comparison of a metric’s value to the previous month to track short‑term changes.