📰Non-farm payrolls plummet by 92,000: When the job market "cools down," why do Bitcoin derivatives freeze first? The latest non-farm payroll data has sparked a tug-of-war between Fed rate cut expectations and recession fears, leading to intense market volatility. The Bitcoin derivatives market, with extreme negative funding rates and high open interest, has become the most sensitive "seismograph" for global macro risks.

BTC0.54%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes