It's not peaceful tonight! The US "small non-farm" data in May was lower than expected. Will there be two interest rate cuts this year? Binance Coin broke through a record high. Is the "copycat season" coming?

Maybe tonight, the United States announced the "small non-farm" data, which was lower than Wall Street's expectations. The ADP increase in May was 152,000, a three-month low. The labor market cooled further, adding signs of slow economic growth in the United States, and it has always brought higher possibilities for interest rate cuts in the second half of the year.

Some economists even predict that the Federal Reserve may keep interest rates unchanged next week, and will cut interest rates twice starting in September! Because more and more data show that the economy is cooling down, Canada and the European Central Bank also began to cut interest rates today. Once the United States starts to cut interest rates, risky assets will benefit first. From the performance of US stocks, it can be seen that technology stocks led by Nvidia continue to be strong and break through the previous high. Bitcoin will also benefit. In the next two or three months, it may stand on the integer mark of 100,000 US dollars!

In addition to Bitcoin, Binance's platform coin has performed very well in recent days. It rose by $100 in two days and hit $710, setting a new historical high. The market value exceeded $100 billion, surpassing Starbucks and Meituan!

Other altcoins are also rising sharply, including $CKB 25%+ in Bitcoin Ecosystem, $CAKE 19%+ in BSC Chain, etc. So, is the altcoin season really coming?

If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, click on the avatar to follow me, Binance Copy Square Top 5, Contract Viewing Skills Free Sharing, Daily Points #第55期新币挖矿IO #bnb历史新高 #山寨季何时到来？ #5月非农数据即将公布 #MegadropLista $BTC $BNB $SOL