TechFlow News, January 3 — According to 4E monitoring, U.S. stocks experienced a "rocky start" on Thursday, with all three major indices opening high but closing slightly lower after a downward reversal, marking a subdued end to the first trading day of the new year.
The crypto market rebounded collectively. As the holiday season ends, capital is gradually returning to the market. Bitcoin, which fell below $92,000 at year-end, has recently stabilized and recovered to around $97,000, gaining over 2.1% in 24 hours. Market sentiment has improved and altcoins are recovering. Against a backdrop of broad-based gains across sectors, tokens tied to the recently popular AI agent narrative have pulled back after several consecutive days of sharp increases.
Bitcoin spot ETFs saw net inflows of $84 million on Thursday. However, BlackRock’s Bitcoin spot ETF recorded net outflows of 3,412 BTC, worth approximately $330 million, marking the largest single-day net outflow since the fund’s inception.
U.S. initial jobless claims released Thursday came in better than expected, indicating continued resilience in the labor market. As a result, investors have scaled back bets on Federal Reserve rate cuts, now pricing in nearly a 90% probability of no rate cut in January. Next week, the U.S. will release key economic data including the unemployment rate, minutes from the Fed's December FOMC meeting, and nonfarm payrolls. Amid heightened uncertainty, any negative data could trigger another market pullback.
