Keywords for a list of important developments on the evening of August 2: Tether, Polymarket, Federal Reserve, Futu Securities
U.S. non-farm payroll employment increased by 114,000 in July: The latest employment data showed that U.S. non-farm payroll employment increased by 114,000 in July, reflecting the continued recovery of the labor market.
Value of BTC held by Tether exceeds $5 billion: The value of Bitcoin (BTC) held by Tether has exceeded $5 billion, highlighting its important position in the cryptocurrency market as a stablecoin issuer.
Polymarket’s cumulative trading volume exceeds US$1 billion: The cumulative trading volume of the prediction market platform Polymarket has now exceeded US$1 billion, marking the platform’s significant progress in the field of prediction markets.
Fed balance sheet drops to about $7.2 trillion: The Fed's balance sheet has shrunk to about $7.2 trillion, reflecting part of its tightening monetary policy.
Futu Securities plans to provide Bitcoin and stock rewards to specific users: Futu Securities plans to provide Bitcoin and stock rewards to some users, a move aimed at attracting more users to join its trading platform.
Traders believe that the probability of the Federal Reserve cutting interest rates by 50 basis points in September is 90%: Market participants generally estimate that the probability of the Federal Reserve cutting interest rates by 50 basis points in September is as high as 90%, indicating market expectations for loose monetary policy.
IntoTheBlock: Ethereum fees hit nine-month low: Ethereum transaction fees have dropped to their lowest level in nine months, according to IntoTheBlock, which could help improve users’ trading experience and network utilization. .
The above are the important market dynamics on the evening of August 2. This information reflects the latest changes and trends in cryptocurrency and traditional financial markets.
