The first major economic data released after Trump's administration:
In January, the U.S. added 143,000 non-farm jobs, lower than the market expectation of 170,000, and also below the previous value of 256,000, overall performance was disappointing;
The unemployment rate is 4.0%, better than the market expectation of 4.1%, unchanged from the previous value, indicating an improvement in the labor market;
The annual non-farm employment data for 2024 has been revised down by 598,000. Although this is better than the market expectation of -818,000, the non-farm data in January every year usually undergoes significant revisions by the Bureau of Labor Statistics, so this change needs special attention.
Overall, although the unemployment rate has improved, the performance of new job creation is below expectations, which may affect market confidence in economic recovery.
Currently, the market still needs to digest pressures from two aspects:
The selling pressure from residual profits: some investors choose to take profits when volatility increases, further exacerbating the downward pressure on the market.
Panic selling: Retail investors panic sell driven by emotions, leading to short-term liquidity imbalance in the market.
Only when these pressures are fully released, and new economic data (such as declining inflation) or favorable policies (such as certain U.S. states incorporating BTC into their strategic reserves) emerge, is the market likely to see a real rebound.
Challenges continue to emerge in the market: how to proceed steadily amidst volatility
In the face of severe market fluctuations, investors need to be more cautious and rational. Here are some suggestions to help you remain steady in a turbulent market:
Risk management: Set stop-loss levels to avoid significant losses due to severe market fluctuations.
Diversified investment: Do not invest all funds in a single asset; diversifying can reduce risk.
Continuous learning: Pay attention to market dynamics and expert analysis to enhance your investment knowledge and judgment.
Emotional control: Avoid emotional trading, and remain calm and rational.
» $FARTBOY
Market capitalization: $168 million
24-hour trading volume: $0.15 million
Today's price of Fartboy ($FARTBOY) is $0.1675, with a 24-hour trading volume of $15,091,349. This indicates a price increase of 96.23% over the past 24 hours and a 360.82% increase over the past 7 days.
Fartcoin is a meme coin based on the Solana blockchain, which quickly became popular on social media due to its unique sense of humor and cultural resonance.
The rise of Fartcoin not only demonstrates the potential of meme coins in the cryptocurrency market but also reflects the important role of community and cultural resonance in cryptocurrency promotion.
» $OM
Market capitalization: $5.741 billion
24-hour trading volume: $5.399 billion
Today's price of MANTRA (OM) is $5.92, with a 24-hour trading volume of $399,372,991. This indicates a price increase of 3.18% over the past 24 hours and a 12.09% increase over the past 7 days.
OM Coin, full name Mantram DAO (OM), is a digital currency based on the Polkadot ecosystem.
OM Coin, as an emerging digital currency, not only has forward-looking technology, but its ecosystem and application potential are also widely regarded, making it an important part of the blockchain and DeFi fields.
» $ULTIMA
Market capitalization: $805 million
24-hour trading volume: $0.09 million
Today's price of Ultima (ULTIMA) is $18,431.86, with a 24-hour trading volume of $8,270,359. This indicates a price increase of 6.64% over the past 24 hours and a 31.94% increase over the past 7 days.
Ultima Coin (ULTIMA) is a decentralized blockchain platform aimed at providing secure, efficient, and scalable solutions.
If Ultima Coin can successfully achieve cross-chain interoperability and comprehensive promotion of smart contracts, it is expected to occupy an important position in the DeFi and NFT fields. As the ecosystem continues to expand, its market value is also expected to rise significantly.
