[Traders Reduce Bets on Two Fed Rate Cuts This Year] Odaily Planet Daily reports, according to market news: Traders have reduced bets on two Federal Reserve rate cuts this year. (Jin10)

OKX-OKB/USDT is currently trading at $242.88, with a 5-minute increase of 2.85%. Please be aware of market fluctuations.

[Jefferies: Initial Claims Data Does Not Indicate Labor Market Deterioration] Jefferies economists stated that the latest initial jobless claims data does not show signs of a rapidly weakening labor market. Recent initial and continuing claims data have shown limited fluctuations, layoffs remain low, and the labor market is maintaining a 'steady state.' The data indicates that since the reference week in July, initial claims have increased by 14,000, but the four-week average has decreased by approximately 5,000.

[UBS Group: Chinese Family Offices Plan to Allocate 5% of Funds to Bitcoin] According to a report by Jinse Finance, @pete_rizzo_ stated that banking giant UBS Group (America), which manages $6 trillion in assets, revealed that Chinese family offices plan to allocate 5% of their funds to Bitcoin.

OKX-OKB/USDT is currently trading at $229.25, with a 5-minute increase of 1.38%. Please be aware of market fluctuations.