Recently, the cryptocurrency market has experienced a significant fall, attracting widespread attention from market participants. The roots of this decline can be traced back to a series of complex economic indicators.

The latest data on initial jobless claims in the U.S. shows that the number of applicants is 221,000, slightly lower than the expected 226,000 and the previous 225,000. On the surface, this seems to suggest that the labor market remains strong. However, the market reaction was unexpected: the probability of the Federal Reserve cutting interest rates in September has risen instead of falling, soaring to 87.3%, a significant increase of 6.3 percentage points from last week.

Behind this seemingly contradictory phenomenon lies a more complex economic logic. On one hand, the latest released Producer Price Index (PPI) inflation data fell from the previous value of 0% to -0.1%, indicating a relief in inflation pressure. On the other hand, Trump's adjustments to certain tariff policies are also influencing market expectations.

These factors combined have caused the current fall in the cryptocurrency market. Investors need to closely monitor changes in various economic indicators, as well as the actions of policymakers, to better grasp the market direction. In this complex and ever-changing environment, maintaining a rational and cautious investment attitude is particularly important.

Cryptocurrency, as an emerging asset class, often reflects broader economic trends and investor sentiment through its price fluctuations. The current market adjustment may be a response to macroeconomic uncertainty, and it could also provide new entry opportunities for long-term investors.

In any case, when interpreting market trends, we need to consider various factors comprehensively to avoid oversimplified judgments. The future development of the cryptocurrency market is still full of uncertainties, requiring us to maintain continuous attention and in-depth analysis.