Major Reversal! Stronger-than-Expected Nonfarm Data Recovery; Will the Fed Focus on Combating Inflation?

From negative to explosive growth, the U.S. added 178,000 nonfarm jobs in March, the highest since December 2024. The unemployment rate unexpectedly declined, while wage growth slowed. Bets on Federal Reserve interest rate cuts cooled, and the dollar index surged above 100 in the short term.

Golden10 DataApr 3 21:11

Crypto Market Daily Update | Trump's Speech Shatters Ceasefire Expectations, Cryptocurrency Market Reacts with Declines, Bitcoin Drops Back to $66,000; CFTC Chairman: CFTC Ready to Regulate the Entire Cryptocurrency Market

According to a report by Cointelegraph, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is prepared to regulate the entire $3 trillion cryptocurrency industry and reiterated that the CFTC is the sole regulator of predictive markets. However, there is currently no timetable set by Congress for the passage of key market structure legislation. In his 100-day statement in office, Selig noted that the CFTC is 'ready to assume responsibility.'

PANewsApr 2 14:37

Trump's speech contained “no clear signs of de-escalation,” and the market was “very disappointed.”

The market had expected him to send a cooling signal, but instead, a new threat emerged.

wallstreetcnApr 2 10:58

Daily Updates in the Cryptocurrency Market | The cryptocurrency market is on an upward trend, with Bitcoin rising to $68,000; the Hong Kong Monetary Authority responds to the delay of the first batch of compliant stablecoin licenses: efforts are being mad

According to a report by Cointelegraph, S&P Dow Jones Indices has tokenized its iBoxx U.S. Treasury Index on the Canton network, enabling this key fixed-income benchmark to be represented in the form of a digital asset.

PANewsApr 1 14:07

Crypto Market Daily Updates | Volatility in the cryptocurrency market continues as Bitcoin fluctuates around the $67,000 mark; U.S. Senator proposes the American Mining Act, aiming to incorporate a strategic Bitcoin reserve into law.

According to The Block, U.S. Republican Senators Cynthia Lummis and Bill Cassidy introduced the American Mining Act, which aims to expand the role of cryptocurrency mining in the U.S. economy and codify President Trump's executive order on establishing a strategic Bitcoin reserve into law. The bill would direct the Department of Commerce to establish a voluntary certification program for mining pools and mining facilities, and require certified facilities to phase out mining equipment manufactured by companies associated with foreign adversaries.

PANewsMar 31 14:12

Geopolitical turmoil creates a 'gold discount'! Bernstein calls for buying the dip in crypto stocks, awaiting a major recovery in 2026 after Q1 headwinds subside.

Investment bank Burns stated that cryptocurrency-related stocks may be nearing a bottom.

Zhitong FinanceMar 31 10:22