CryptoQuant: Finance Net Undertaking Exceeds $100 Million, Strong Buying Demand

According to a report by Golden Finance, CryptoQuant's latest analysis shows that Binance's net acceptance volume has exceeded $100 million, indicating strong buying momentum among traders ahead of the release of US non farm payroll data. The latest data shows that non farm payroll employment in the United States increased by 147000 in June, exceeding market expectations of 110000-118000; The unemployment rate has dropped to 4.1%, the lowest since February. The strong employment data indicates the sustained resilience of the US economy, and the market's expectation of the Federal Reserve keeping interest rates unchanged in July has increased from 75% to 95%. This data supports the strengthening of the US dollar, while potentially putting pressure on risky assets including Bitcoin.