Bitcoin Drops Below $113,000

On September 9th, according to Coinglass data, if Bitcoin drops below $110,000, the cumulative intensity of long liquidation on mainstream CEXs will reach $1.33 billion. Conversely, if Bitcoin goes above $114,000, the cumulative intensity of short liquidation on mainstream CEXs will reach $1.192 billion. **BlockBeats Note**: The liquidation chart does not accurately depict the number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring clusters, which is referred to as intensity. Therefore, the liquidation chart shows the extent to which the asset price reaching a certain level will be impacted. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a stronger reaction due to a liquidity avalanche.

On September 9th, according to HTX market data, Bitcoin dropped below $112,000 and is currently priced at $111,862, with a 24-hour decline of 0.17%.

On September 9th, according to BitcoinTreasuries, the Arizona State Retirement System (ASRS), which manages assets worth $17.3 billion, has augmented its holdings in MicroStrategy (MSTR) by $2 million. Currently, it holds 72,315 shares, with a total value exceeding $24 million.

September 9th. Based on the website of the U.S. Bureau of Labor Statistics, the agency in charge of generating crucial U.S. employment and inflation data has one-third of its senior positions vacant. Although an acting head has been appointed, a series of other leadership positions that are responsible for overseeing different aspects of employment statistics and field operations at the regional level remain unfilled. According to sources with knowledge of the matter, many employees who have served at the agency for decades have accepted the offer of delayed resignation from the Trump administration in recent months. The dismissal of the agency's head by U.S. President Trump last month has presented a challenge to the agency, which has approximately 2,000 career employees. Due to a federal hiring freeze that will persist until October 15th, it is currently uncertain whether the lower-level positions responsible for data collection and analysis can be filled promptly. (Jin10)

On September 9th, according to official information, Tether has initiated the cross-chain stablecoin USDT0, and it is now accessible on X Layer and OKX Wallet.

September 9th. Based on the preliminary results of the annual benchmark revision made public by the U.S. government on Tuesday, it is expected that the U.S. non-farm payrolls will be revised down by 911,000 over the 12 months ending in March of this year. This amounts to an average monthly reduction of nearly 76,000. The final data will be announced in early next year. Before this report, the government's non-seasonally adjusted employment data showed that employers added nearly 1.8 million jobs in the 12 months ending in March, with an average increase of 149,000 per month. The adjustment by the Bureau of Labor Statistics (BLS) indicates that the recent softening in the labor market occurred after a period of more moderate job growth, laying the groundwork for a series of rate cuts starting next week. Federal Reserve Chairman Powell recently recognized that the risks to the job market have increased. Two of his colleagues are inclined to lower borrowing costs in July. Traders genera