On August 29, market analysts pointed out that as the GDP data released by the United States far exceeded market expectations, the yield on the two-year U.S. Treasury bond quickly climbed to the intraday high of the day, successfully reversing the downward trend in the morning. At the same time, although the number of initial unemployment claims remained basically unchanged that week, the downward revision of the number of continuing unemployment claims in the previous period further weakened the market's expectations of an urgent need for interest rate cuts in the short term.

The U.S. dollar exchange rate continued to strengthen against this backdrop, and U.S. stock index futures also showed a corresponding upward trend. This linkage reaction strengthened the market consensus: positive economic data is also good for the stock market, reflecting that the market is currently more concerned about the potential risk of economic recession rather than the previously widely expected interest rate cuts. Therefore, the market focus has quietly shifted to how to resist the threat of economic slowdown, rather than relying on monetary policy easing to stimulate growth. #比特币行情 #Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 $BTC $ETH