The country's non-farm employment data in September was higher than expected, and the possibility of another interest rate hike by the Federal Reserve rose to about 50%. International "experts" once again made a mistake in their predictions.
Non-farm employment increased by 336,000 in September, far exceeding expectations. The increase was expected to be 170,000, compared with the previous increase of 187,000.
According to market analysis, if the non-farm payrolls data is higher than expected, it will indicate that the country's economy is still strong and increase market expectations that the Federal Reserve will continue to raise interest rates, thereby pushing up the U.S. dollar index and U.S. Treasury yields, while suppressing gold and stock prices.
Bitcoin fluctuated sharply, falling to US$27,173.6, but was quickly raised by large funds, and is currently trading at US$27,555.6.
Non-farm employment increased by 336,000 in September, far exceeding expectations. The increase was expected to be 170,000, compared with the previous increase of 187,000.
According to market analysis, if the non-farm payrolls data is higher than expected, it will indicate that the country's economy is still strong and increase market expectations that the Federal Reserve will continue to raise interest rates, thereby pushing up the U.S. dollar index and U.S. Treasury yields, while suppressing gold and stock prices.
Bitcoin fluctuated sharply, falling to US$27,173.6, but was quickly raised by large funds, and is currently trading at US$27,555.6.