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Cryptocurrency Correlation with Stock Market Intensifies, Nonfarm Payrolls Data Crucial TonightThe link between cryptocurrency and stock markets is growing stronger, particularly in the wake of recent economic data. Data compiled by Bloomberg shows the correlation coefficient between cryptocurrencies and the MSCI World Index hovering near 0

Non-farm Payroll Data to be Revealed Tonight! Can Bitcoin Hold $56,000?The highly anticipated non-farm payroll data will be released at 8:30 PM tonight, significantly impacting Bitcoin's future trajectory. Last night's ADP report, a precursor to the non-farm data, showed a slowdown in job growth, further confirming a cooling job market and favoring a Fed rate cut

Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be CrucialTonight's Nonfarm Payroll data will be the market's focus, potentially causing significant volatility in Bitcoin's price in the short term. If the data shows a rate cut and good unemployment rates, it will be bullish for the market, and Bitcoin's price could rebound; conversely, if there's a rate cut but poor unemployment figures, it signifies a heightened risk of recession, and Bitcoin's price may further decline

Fed to Release CPI Data Tonight, Accumulate Positions Before August 20th, Bull Market in the Second Half is Imminent!The Federal Reserve will release July CPI data at 8:30 PM tonight, which will directly impact market expectations for a September interest rate cut and have a significant impact on the crypto market. The market currently lacks liquidity, and hot topics can be manipulated

CPI Data Release Tonight: Will the Crypto Market See Another Shakeout?Introduction:Tonight, the highly anticipated CPI data will be released, once again becoming a major indicator for the cryptocurrency market. Historically, every release of CPI data has led to volatile market movements, with bulls and bears engaging in fierce battles

Not long ago tonight, the Bitcoin market sparked a turbulent wave. Investors watched their wealth disappear overnight, as if riding an uncontrollable roller coaster

The developers of Ethereum Foundation announced last night that Zhejiang, the first public withdrawal test network for the upgrade of Shanghai+Capella, will be launched at 23:00 this (1) evening.At the All Core Developer (ACD) Conference held by Ethereum Foundation in early January,Announcing the scheduled launch of the Shanghai upgrade of the main network in March, the highly anticipated "ETH Pledge Withdrawal" will be opened

Since the middle of June, the overall Cryptocurrency market has continued to fluctuate at a high point, led by the rise in the price of Bitcoin (BTC), due to the successive requests of traditional financial institutions for Bitcoin spot ETF applications.At present, BTC has been hitting the $31000 mark multiple times since breaking through the $30000 mark on June 21

The May CPI report of the United States will be released tonight (Tuesday). After reaching a peak of over 9% in June last year, the CPI has been showing a downward trend