💥💥【Market volatility intensifies】US non-farm payrolls data for June amazed the market, and the market value of cryptocurrencies evaporated by $28.5 billion!

Key economic indicators:

The number of non-farm payrolls in the United States surged by 206,000 in June, far exceeding market expectations, and the market was shocked.

Monetary policy outlook:

According to interest rate swap market data, investors have generally expected the Federal Reserve to cut interest rates at least twice before the end of this year.

Impact of government actions:

The German government sold $30,094,900 worth of BTC, which brought a considerable impact to the cryptocurrency market.

Overview of the cryptocurrency market:

In the past 24 hours, the overall market value of cryptocurrencies has declined, BTC has fallen by 1.35%, the market amplitude has reached 6.89%, and market sentiment has tended to panic.

Expert analysis:

The strong non-farm data may affect the direction of the Federal Reserve's monetary policy, thereby triggering a chain reaction in the cryptocurrency market. $ETH $BNB

$FET

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