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Jan 13, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.
Enjoy our weekly take on the market!
In December, the U.S. economy added 256,000 jobs, the largest increase since March 2024, while the unemployment rate unexpectedly dropped to 4.1%. This robust performance suggests a pause in the Federal Reserve interest-rate cuts may be forthcoming. Despite high borrowing costs and inflation, the labor market added 2.2 million jobs in 2024, slightly below 2023's growth, and revisions have indicated a more resilient labor market than previously thought.