The opening of this Friday (03) in the American stock markets brought optimism to the markets. The S&P 500 and Nasdaq started the trading session with a slight increase, reflecting the positive mood after new economic data that reignited hopes for a possible interest rate cut by the Fed as early as 2025.
Meanwhile, the cryptocurrency market is also responding strongly: Bitcoin (BTC) and Ethereum (ETH) are trading higher, reflecting the more favorable risk sentiment coming from the United States.
📰 What drove the market today?
Jobs report (payroll) below expectations
The data released by the Department of Labor showed a slowdown in job creation. This was interpreted as a sign that theFederal Reserve may have room to cut interest rates, which favors risk assets such as stocks and crypto assets.Rise in tech stocks boosts Nasdaq
Giants like Apple, Amazon, and Nvidia lifted the Nasdaq index. The appetite for technology is growing again—and this movement usuallypositively reflects in the crypto market, given its correlation with innovative assets.DXY and Treasury yields decline
The U.S. dollar index (DXY) fell slightly, and the 10-year Treasury yields also declined. This strengthens the argument that the macro environment may become more favorable for crypto assets in the coming weeks.
📉 Impact on the crypto world
Bitcoin surpasses $63,000 with increasing volume in the early hours of trading.
Ethereum shows strength, with an increase of over 2% after a week of sideways movement.
AI and DeFi tokens gain prominence with speculative movements linked to the growth of the tech sector in the U.S.
👁️ Why does this matter?
The movements of American stock markets—especially the S&P 500 and Nasdaq—serve as a global gauge of risk appetite. When Wall Street gets excited, the crypto world usually follows. Understanding the correlation between these two spheres is essential for those who want to trade intelligently in this market.
📣 Stay alert
If the Fed's tone continues to signal monetary easing, we may see a much more optimistic second half for both traditional markets and crypto assets.
Do you believe that the market is really about to turn bullish again? Comment below! 👇