#美国ADP数据超预期 A 'Delayed' Employment Report: How Will It Stir the Cryptocurrency Market?
Recently, a 'delayed' US ADP employment report finally arrived, and the results exceeded expectations! This data is completely opposite to last month's dismal report that triggered a frenzy of interest rate cuts, instantly dousing the market with cold water. The dollar rebounded, risk assets came under pressure, and the cryptocurrency market shivered as well.
This dramatic reversal tells us a bloody reality: in the current situation where government shutdowns have led to data shortages, the foundation for market judgment is very fragile. We may all be trading based on incomplete or even outdated information. This 'better-than-expected' data has once again shrouded the Federal Reserve’s future path in uncertainty.
The impact on the cryptocurrency market is direct. Subtle changes in liquidity expectations will first manifest in Bitcoin and Ethereum. In the short term, this is undoubtedly a bearish disturbance that may suppress the rebound space and keep the market oscillating within a range. But from another perspective, a strong economic fundamental is not a bad thing in the long run. It signifies a healthier ecosystem and stronger consumer capacity, which will ultimately nurture all risk assets.
In this macro uncertainty, I find myself admiring those builders with pure goals even more. Just like #GiggleAcademy , its goal is singular: to educate children. What the #MAX community does is turn this certainty into reality through repeated offline actions. Their 'fundamentals' are unaffected by employment data. @Max Charity
