Durable Goods Orders measures new orders for long-lasting products like cars and appliances in the US. An increase signals economic strength, which can heighten expectations of Fed rate hikes and dampen demand for risk assets like bitcoin. Weak data, conversely, supports risk appetite and can benefit cryptocurrencies.
Calendar Durable goods orders
Durable goods orders
History, bitcoin reaction and upcoming dates
How bitcoin, the S&P 500 and Nasdaq reacted
Percentage change from the start of the selected period.