'Debaser Trade' in Full Force as Bitcoin and Gold ETFs Rank in Top 10 for Volume

[U.S. September S&P Global Services PMI Final Value at 54.2, Exceeding Expectations] BlockBeats News, October 3, the U.S. September S&P Global Services PMI final value was 54.2, expected 53.9, previous value 53.9.

[U.S. Stock Market's Three Major Indexes Open Slightly Higher, Tesla Leads Gains While Apple Declines] The U.S. stock market opened steadily on Tuesday, with all three major indexes posting slight gains. The Dow Jones Industrial Average rose 0.14%, the S&P 500 increased 0.13%, and the Nasdaq climbed 0.18%. On the individual stock front, Tesla (TSLA.O) gained 1.6%, primarily benefiting from an increase in the company's September deliveries in the UK. Occidental Petroleum (OXY.N) rose 1.9%. Apple (AAPL.O) shares fell 1% after Jefferies downgraded its rating. GameStop (GME.N) shares dropped 3% following the company's filing for a mixed shelf offering.

OKX-ETH/USDT is currently trading at $4498.20, with a 5-minute increase of 0.01%. Please be aware of market fluctuations.

[Bank of America Predicts Federal Reserve May Start Rate Cuts in October] Bank of America's latest forecast indicates that the Federal Reserve might begin rate cuts in October this year, moving up from the previously expected December timeline. This adjustment reflects the market's sensitivity to changes in the economic environment and a reassessment of the direction of monetary policy.

Bitget VIRTUAL/USDT's perpetual trading volume surged 20 times within 10 minutes, with a turnover of 9.03 million US dollars in the past 24 hours, a decrease of 0.31% 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