BTC breaks through the $87000 mark

Hassett, director of the National Economic Committee of the White House, said that Kevin Walsh, the chairman of the Federal Reserve, needed to deal with the situation left by Jerome Powell, the former chairman of the Federal Reserve. The United States did not want to get rid of debt through inflation, and the current level of interest payment was unacceptable. The president was very serious about deficit reduction. The rise of the US bond yield was due to the strong economy and respect for the independence of the Federal Reserve. The US consumption was very strong. It was expected that the consumption performance in the holiday season would be strong. There was a lot of good news this week. (Source: Jin Shi)

US President Trump is expected to appoint Clayton as the new head of artificial intelligence affairs, and Trump announced the decision on the position as early as Friday. (Source: Jin Shi)

Nvidia's stock price broke through a historical high during trading, with a total market value of $5.7 trillion returning to $236.26. Nvidia has increased its stock repurchase authorization by $150 billion, bringing the total repurchase plan to $235 billion, expected to be executed before the 2028 fiscal year. Nvidia's latest quarterly revenue reached $96.2 billion, a year-on-year increase of 106%.

Bitcoin hit a new high in over a week, Riot's stock price rose 4.3%, HUT 8 Mining's stock price rose 5%, MARA Holdings' stock price rose 5.8%, Coinbase's global stock price rose 5.1%, and Strategy's stock price rose 5.6%.

Greg Taylor, Chief Investment Officer of PenderFund Capital Management, stated that the September non farm payroll report ruled out the possibility of the Federal Reserve raising interest rates in October. (Source: Golden Ten Data) AI interpretation: Non farm employment data, as a core indicator for measuring economic vitality, directly determines the marginal direction of monetary policy. The report clarifies the supply-demand balance in the labor market, completely blocking the policy space for short-term interest rate hikes. Maintaining interest rates unchanged in the current employment environment is an inevitable choice for the Federal Reserve, and the market has completely shifted its policy focus to the game of timing interest rate cuts. This conclusion eliminates the market's additional concerns about tightening policies and provides clear policy support for asset prices.