Flash News

US Employment Data and Encrypted Market Outlook

The encryption market this week will welcome important events, including United States employment reports and multiple corporate financial accounts. Bitcoin (BTC) prices are open near $62,560.27, and Friday's US employment report will be a key macro event to determine the sustainability of the July rebound. Analyst Tony Sycamore predicts that if about 88,000 new jobs were to be created and unemployment remained at 4.2 per cent, it would help to ease concerns about the economic slowdown but would not push the Fed to raise interest rates. At the same time, JP Morgan strategist Jay Barry stated that the Ministry of Finance might maintain regular debt sales in order to avoid pressure on interest rates. The market will also focus on the financial accounts of the Circle, Galaxy, Block and six Bitcoin miners. In addition, the BIP-110 proposal is expected to enter the miners ' signal period and may shift nodes to small replacement chains. Currency is continuing to expand its services in the areas of spot, derivatives, RWA, payments, savings and earnings。

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