In the past 9 hours, a total of 2761 bitcoins were withdrawn from CEX.

July 3rd. Northern Region based in Beijing announced in the record of investor relations events that the company recently signed a strategic cooperation agreement with Rich Quantum Innovation Co., Ltd. The two parties will center around virtual assets and digital currency businesses and will deepen their cooperation in three aspects: IT technology innovation, cooperation and innovation in the virtual asset and stablecoin ecosystem, and financial business innovation. Meanwhile, the company will take this cooperation as an opportunity to comprehensively launch its internationalization strategy and gradually expand overseas financial technology and digital transformation businesses. (Jinse)

On Thursday, July 3rd, the US Department of Labor provided data indicating that during the week ending June 28th, after seasonal adjustment, the initial jobless claims witnessed a decrease of 4,000 and reached 233,000, which marked a six-week low since mid-May and was lower than the economists' anticipation of 240,000. Nevertheless, as of the week ending June 21st, the total number of continuing jobless claims remained at a high level of 1.964 million, which was the highest level since the fall of 2021. (FX678)

On July 3rd, the US June job market presented strong performance. Non-farm payrolls increased by 147,000, which was higher than the revised 144,000 in May. The unemployment rate unexpectedly dropped to 4.1%, lower than economists' previous expectation of a slight rise to 4.3%. This report indicates that the labor market remains stable, which may prompt the Federal Reserve to postpone the timing of restarting interest rate cuts until September. Although job growth exceeded expectations, the pace is slowing down, mainly due to weak hiring activity. Layoffs remain quite low. During and after the COVID-19 pandemic, employers have been hoarding workers as they have been struggling to find labor. Several indicators, including initial jobless claims and continued jobless claims, show that after a strong performance that shielded the economy from a recession, the labor market is showing signs of fatigue. At that time, the Federal Reserve was significantly tightening monetary policy to combat h

On July 3rd, according to HTX market data, Bitcoin fell below $109,000, experiencing a 24-hour change of 1.52%.

On July 3rd, Analyst Jonnelle Marte pointed out that an unanticipated and robust nonfarm payroll report could offer the Federal Reserve with additional grounds to delay taking action for a longer period this year. It almost definitely would ease concerns about the labor market and thereby rule out the possibility of a rate cut in July. (FXStreet)

On July 3rd, following the release of non-farm payroll data, S&P 500 Index futures reached an intraday high; Nasdaq 100 Index futures also briefly touched an intraday high. (IG)