[Kronos Research: Inflation Data Intensifies Bearish Sentiment in Bitcoin Market]
Kronos Research Chief Information Officer Vincent Liu stated that inflation data has intensified bearish sentiment in the Bitcoin market, with the key psychological support level at $100,000 and Ethereum's support level at $4,000. He warned that breaking below these support levels could trigger deeper declines and liquidity tightening. Additionally, he noted that the unexpected performance of this week's non-farm payroll data could lead to market volatility, with strong data potentially suppressing cryptocurrencies, while weaker-than-expected data might boost demand.
Bitget SPX/USDT's perpetual trading volume surged 84 times in 10 minutes, with a turnover of 5.4 million US dollars in the past 24 hours, a decrease of 2.39%
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally
[Upbit to List USD1, Supporting KRW, BTC, USDT Trading Pairs]
Upbit announced that it will list USD1 (World Liberty Financial USD) on September 1, supporting KRW, BTC, USDT trading pairs. Deposit services are expected to open at 15:00 Hong Kong time on September 1, and trading services are expected to begin at 16:00. USD1 is a stablecoin based on the Ethereum network, and users must ensure they operate on the correct network.
