As the probability of a rate cut by the Fed in September significantly increases, the virtual coin market is迎来重要的变化节点. Below is an analysis of the virtual coin rate cut situation in September:
• Background of interest rate cut expectations: The U.S. July employment data was weak, with only 100,000 new jobs added, less than half of expectations, and the unemployment rate climbed to 4.2%, reaching a new high since 2022. This caused the Fed's probability of an interest rate cut in September to soar from 38% to 94.4%, marking the highest market expectation since the financial crisis of 2008.
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