Odaily Planet Daily News: The US non-farm payroll report is about to be released, and the Federal Reserve’s rate decision committee will also be closely watching this report. According to FactSet, the US economy may have added 55,000 jobs in December, with the unemployment rate expected to decrease from 4.6% to 4.5%. Weak economic data will reinforce expectations of further rate cuts, potentially leading to a weakening dollar and pushing up the prices of risk assets including Bitcoin. Before the non-farm payroll announcement, Bitcoin showed no clear directional trend, with a 24-hour increase of 0.2%. The crypto market remains relatively calm, with the exception of SOL, which rose 2.8% in the past 24 hours. ETH and BNB did not experience significant fluctuations. (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple’s XRP Price Could Outperform Bitcoin if 0.000017 BTC Breaks
For many years, XRP has struggled to keep up with Bitcoin when measured against the BTC pair. However, a new analysis suggests the long period of underperformance may be approaching a turning point.
Top analyst Egrag Crypto showed a hidden liquidity cycle can be observed on the chart of the XR
CaptainAltcoin15m ago
Morning Minute: Bitcoin Rebounds to $69K as Oil Skyrockets, Then Cools
_Morning Minute is a daily newsletter written by __Tyler Warner__. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute __on Substack__._
GM!
Today’s top news:
Crypto majors rebound overnight as oil drops from $115 to $1
Decrypt30m ago
Bitcoin readies trendline showdown as weekly close sparks 60K target
Bitcoin (CRYPTO: BTC) navigated a technical crossroads as traders calibrated the outlook for the week ahead. After a weekend dip into the mid-$60k range, the price rebounded modestly, yet the real test lay with the long-standing 200-week exponential moving average, a line that has often defined the
CryptoBreaking36m ago
20 million Bitcoins have been mined, and the remaining Bitcoins are expected to be mined within 114 years.
Gate News Report, March 9 — According to Bitcoin explorer data, the 20 millionth Bitcoin has been mined. The remaining Bitcoins are expected to be mined within the next 114 years. Currently, Bitcoin's market capitalization is approximately $1.37 trillion.
GateNews43m ago
Over the past hour, the entire network has liquidated over $30 million, with BTC liquidations totaling $16.23 million.
Gate News Report, March 9th, according to Coinglass data, the total liquidation across the entire network in the past hour reached $30.51 million, including $27.08 million in short positions and $3.43 million in long positions. By individual cryptocurrencies, BTC liquidations amounted to $16.23 million, and ETH liquidations reached $6.62 million.
GateNews44m ago
