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
Szabo Warns Developers Not to Break Bitcoin - U.Today
Nick Szabo emphasizes the importance of Bitcoin's trust-minimized security, warning that careless development could jeopardize its value. He also notes that Bitcoin is beginning to function as a global currency, particularly in developing nations with weaker currencies.
UToday11m ago
Bitcoin Spot ETF Saw Net Outflows of $52.1092 Million Yesterday, Continuing 3-Day Net Outflow Streak
On March 20, Bitcoin spot ETFs had a total net outflow of $52.1092 million, with outflows continuing for the third consecutive day. VanEck ETF HODL had a net inflow of $2.9646 million, with cumulative historical net inflows reaching $1.182 billion; BlackRock's IBIT had a net outflow of $45.9441 million, with historical net inflows totaling $63.257 billion. The current total net asset value of Bitcoin spot ETFs stands at $90.301 billion.
GateNews2h ago
Bitcoin Tests a $70K Level as Inflation Fears Surge
Bitcoin is grappling with a shift in momentum after failing to sustain a rally above $76,000, slipping back under $70,000 as crude oil prices rise and inflation concerns roil risk markets. The move underscores how macro forces—oil, policy expectations, and stock weakness—continue to shape the
CryptoBreaking2h ago
CFTC clarifies cryptocurrency margin rules: BTC and ETH capital deduction rate of 20%, permitting investment in the derivatives market
The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.
動區BlockTempo3h ago
Major CEX and DEX funding rates fully turned negative, BTC down 1.93%, ETH down 2.18%
On March 22, Bitcoin reported $69,275.33, down 1.93% in 24 hours; Ethereum reported $2,103.95, down 2.18%. The market is broadly bearish, with shorts dominating. Funding rates are universally negative, indicating that shorts need to pay fees to longs.
GateNews3h ago
