TechFlow news, September 4 — Adam, macro researcher at Greeks.live, said the Bank of Canada announced a 25 basis point rate cut, in line with market expectations. U.S. stocks continued to fall at the opening, with Nvidia dropping 20% within a week. The crypto market, affected by macroeconomic conditions and U.S. equities, has performed weakly recently. Markets are focusing on upcoming employment data over the next two days; if they indicate economic weakness, the Fed might cut rates by 50 basis points this month, potentially supporting both U.S. equities and the crypto market. However, options data shows implied volatility remains stable across all maturities except during the U.S. election week, and crypto whales are not betting on significant volatility this month, suggesting a generally stable market outlook.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
