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Cryptocurrency News Video

"Financial Focus News" soared or plummeted? Data reveals key trends! Can Bitcoin still withstand the Fed's next move? The fierce battle between bulls and bears of Bitcoin is here!

Feb 08, 2025 at 03:01 pm 投资有钱图

Today's financial broadcast: Employment data is lower than expected, Bitcoin price remains stable. The latest U.S. employment report reveals a complex economic reality: new jobs are lower than expected, but the unemployment rate has declined, and the market responds to this. In the financial market, although Bitcoin has experienced certain fluctuations, its overall performance is relatively stable. Let's analyze this situation in depth and explore its potential impact on the market. Job data: Growth slows, but market signals mixed, the latest U.S. Department of Labor’s report shows that 143,000 new jobs were added in January, down from economists’ estimates of 170,000. This suggests that the growth momentum of the labor market is slowing down and may reflect the cautious attitude of enterprises in the current economic environment. However, the unemployment rate fell from 4.1% to 4.0%, which means that despite the decrease in new jobs, the stability of the existing employed population remains strong. This change in employment data is crucial to the Fed. Normally, weak job growth may prompt the Fed to consider cutting interest rates to stimulate economic activity. However, the decline in unemployment rate indicates that the labor market has not deteriorated significantly, which may reduce the urgency of the Federal Reserve's easing policy in the near term. Therefore, there is still uncertainty about the future direction of monetary policy. Bitcoin market: Prices are stable and transactions are active. Faced with complex economic background, Bitcoin has performed relatively stably in the past 24 hours. The current price is $97,783.95**, which rebounded from the intraday low $95,707.35, but is still below yesterday's highest point $100,154.14**. Overall, Bitcoin has risen 0.48% in the past 24 hours, but has fallen 6.50% in the past week, indicating that the market's cautious attitude towards the economic outlook is still affecting investor sentiment. Bitcoin is regarded as the ** "digital gold", and is often used by investors as a tool to hedge inflation or currency depreciation due to its scarcity and decentralization. However, because its market is still relatively young, price volatility is much higher than traditional safe-haven assets (such as gold). Therefore, after the release of economic data, Bitcoin's market trends are often closely related to Fed policy expectations. Market transactions are active, and funds flow into Bitcoin Although the price of Bitcoin has fluctuated significantly recently, market transaction activities have increased significantly. Bitcoin trading volume has increased by 14.65% to $52.33 billion in the past 24 hours, showing investors' high attention in this macroeconomic environment. Meanwhile, Bitcoin’s market dominance rose slightly to 60.8%, reflecting that funds are still more inclined to flow into BTC than other crypto assets. On the other hand, open contracts in the Bitcoin futures market (Open Interest, an indicator of market activity) rose 1.18% to $59.44 billion. This indicates that investors are adjusting their positions and expect large price fluctuations in the market in the future. Clearing data: The game between the bulls and bears has been fierce in the past 24 hours, the total liquidation volume of the Bitcoin market has reached US$64.64 million, of which US$34.26 million comes from the bulls and US$30.39 million comes from the bears. This shows that both the long and short traders in the market have experienced large fluctuations in the current price range and have failed to form a unilateral trend. Typically, an increase in liquidation volume often means an increase in market volatility, and an equilibrium of liquidation volume may indicate that the market is looking for direction. Market Outlook: Key Support and Resistance Level Bitcoin is currently facing a psychological threshold of $100,000, which is a price level that is crucial to market sentiment. If Bitcoin can break through $100,000 and stabilize, it may attract more capital inflows and further drive price increases. However, if market sentiment continues to weaken, Bitcoin could fall back to the $95,000 support level, or even lower. It is worth noting that the macroeconomic environment and regulatory policies are still the core factors that affect Bitcoin’s trend. The Federal Reserve's interest rate decisions, inflation data, and even global economic development trends may have a profound impact on the future trend of Bitcoin. Overall, there is still great uncertainty in the short-term trend of the Bitcoin market. Investors need to pay close attention to the Fed's policy signals and changes in market sentiment. Overall, although the weakness of the employment market brings uncertainty, it also It may pave the way for future loose monetary policies, and Bitcoin is the darling in this policy environment. How will the market be interpreted next? Let's wait and see! Please stay tuned, and see you in the next issue of market trend analysis! Disclaimer: The content of this video, the views and opinions expressed by the author or anyone mentioned in this article are for reference only and do not constitute financial, investment or other advice. There is a risk of financial loss when investing or trading crypto assets. #Financial News#Financial Focus#International News
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