The strong non-farm data in June injected a shot in the arm for the economy, but also brought complexity to the Federal Reserve's decision to cut interest rates.

The hot job market shows the economy's resilience, but overheated employment could lead to higher wages, putting upward pressure on inflation.

For market participants, the report could temper expectations for a near-term rate cut by the Federal Reserve. After all, strong employment data could make policymakers more cautious and avoid easing monetary policy too soon, exacerbating the risk of overheating the economy.

However, the Fed's final decision will depend on a comprehensive consideration of a series of economic indicators. As professional analysts, we will continue to pay close attention to the development of inflation, consumption and the global economic situation to provide investors with accurate market insights.

Potential altcoins worth paying attention to now

1.CRV

Curve is a decentralized exchange focusing on stablecoin trading, using automated market makers (AMMs) for liquidity management. It introduced a decentralized autonomous organization (DAO) with CRV as its native token. This DAO is built on Ethereum's Aragon and effectively manages the liquidity deposited by users through various smart contracts.

Curve has attracted much attention for its focus on stablecoin trading in the DeFi space. The DAO and CRV tokens increase profitability by rewarding users for the amount of liquidity they provide and the time they maintain liquidity. The growing popularity of DeFi trading has highlighted the importance of Curve, and AMM has brought considerable liquidity and profits to users. At the same time, Binance announced the launch of a new CRV perpetual contract with a leverage of up to 25x. This major announcement has triggered market optimism for the Curve DAO token (CRV).

At press time, CRV rose to $0.2881, up 6.87% in the past 24 hours. The 14-day RSI is 56.19, indicating neutral trading.

2.AGIX

Artificial intelligence token SingularityNET (AGIX) has gained more than 15% in the past 24 hours, currently trading at $0.6140. Despite facing bearish trends and volatility over the past month, AGIX has recently shown strong bullish momentum.

Technical analysis shows that AGIX has strong momentum and is expected to continue its upward trend. The $0.60 support level has been confirmed, increasing the market's confidence in the trend of the coin. Forecasts indicate that AGIX may reach the target of $1.40 earlier than expected.

With a merger with ASI approaching, and potential collaborations with platforms like Injective developing, AGIX is expected to continue to outperform the broader cryptocurrency market. If the AI ​​Token continues to benefit from the overall crypto market, the AGIX token price could soon reach its $1 cap.

3.ARB

Arbitrum is a second-layer scaling solution for Ethereum that improves speed, scalability, and cost-efficiency through optimistic rollups. The project's resilience lies in its ability to maintain Ethereum's security while reducing fees and increasing throughput through off-chain computation.

ARB holders actively participate in governance through the recently established decentralized autonomous organization (DAO) structure, Arbitrum DAO. This shift improves transparency and community engagement, increasing the appeal of the project.

Arbitrum's success is based on its mature technology, which solves Ethereum's scalability issues and provides users with a more cost-effective and efficient experience. The community's positive sentiment and active participation in governance discussions reflect its strong growth foundation.