The US non-farm data fell short of expectations, and the unemployment rate exceeded expectations, causing the market to worry about a "hard landing" of the US economy.

US stocks fell sharply at the opening on Monday, with the Nasdaq falling more than 6% and the S&P 500 falling more than 4%. After the PMI data showed that service industry activities maintained expansion, the decline of US stock indexes narrowed, and the decline of the Nasdaq narrowed to about 3%. The stock prices of the "Big Seven" in the US stock market plummeted, and the total market value evaporated by 1.3 trillion US dollars. Nvidia's stock price fell below 100 US dollars.

The market called on the Federal Reserve to cut interest rates.

On March 12, the lowest price of Bitcoin was around US$3,800, and on May 19, the lowest price of the coin was around US$30,000.

Today, 805, the lowest price was around 49,000. In other words, if you live long enough in the spot market, there will always be a day to get out of the trap or even make a profit.

However, contract players have left in batches.

Hold on, all spot HODLers.

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