Non farm surge, Bitcoin surges to around $62000, market bets shift towards policy expectations

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The non farm payroll data for June in the United States was released last night. According to data from the US Bureau of Labor Statistics, non farm employment increased by only 57000 in June, significantly lower than market expectations; The unemployment rate is 4.2%. After the weakening of employment data, the market quickly adjusted its expectations for the Fed's subsequent policy path, causing the US dollar to weaken and US bond yields to fall. Affected by changes in macro expectations, Bitcoin quickly rose during trading, reaching around $62000 at one point. Against the backdrop of non farm landing and the US stock market being closed due to the Independence Day holiday, 24/7 or cross market varieties such as cryptocurrency, gold, and foreign exchange have become important windows for funds to observe fluctuations. At the same time, Bitget recently launched US stock options trading, initially covering 540+popular US stock and ETF options products, and supporting zero trading commissions, further enriching the multi asset trading scenarios of Stock+and UEX. At present, Bitget is also launching the Stock+Options First Order campaign, where users can receive NVIDIA stock rewards worth $15 by completing their first eligible transaction. New users who want to pay attention to non farm post market fluctuations and multi asset trading opportunities can learn through the Bitget portal: https://www.bitget.com/support/articles/12560603887760?vipCode=hktb3191 Risk Warning: The market fluctuates greatly, and options are high-risk financial products. The above content does not constitute investment advice.

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