#美联储何时降息？ #ETH🔥🔥🔥🔥 $ETH

The price of Bitcoin has climbed again, breaking through the $61,000 mark. This rise may be closely related to the revision of the US labor market data yesterday and the minutes of the Federal Reserve meeting released in the evening. Before the release of the Federal Reserve meeting minutes, the US Bureau of Labor Statistics disclosed a key data revision: the number of new jobs between April 2023 and March 2024 was significantly reduced by 818,000, causing the employment growth rate during this period to fall to 1.3%. This revision shows that the US job growth in the past year was not as strong as previously estimated, and the cooling trend in the labor market may be earlier than expected and last longer. The market responded strongly to this and began to worry about the impact of this change on economic growth and inflation expectations.

At the same time, whether the Fed's policy rhythm is lagging behind has also become the focus of market attention, especially when the actual performance of the labor market is worse than previous data. The Fed's meeting minutes revealed an important signal: officials expressed stronger confidence in the expected return of inflation to the 2% target, and generally believed that September this year might be the right time to start cutting interest rates. It is worth noting that the Fed adjusted its previous wording in the meeting statement, changing the original high attention to inflation risks to a broader focus on the dual mission of employment and inflation. This change is widely interpreted as the Fed preparing for possible future rate cuts.

At present, the market's focus has shifted to Fed Chairman Powell's speech at the Jackson Hole Global Central Bank Annual Meeting, where he is expected to provide more clues about future rate cuts. After the release of the Fed's meeting minutes, the price of Bitcoin once again tested the resistance level of $62,000. Although it failed to break through briefly, if it can stabilize above $60,000, it is expected to challenge the high of $62,000 again.

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