Bitwise Chief Investment Officer Matt Hougan stated that if the Clarity Act is not passed this week, the probability of the "Clarity Act passing in 2026" on Polymarket will drop to a level of over ten, and the market will shake off uncertainty and may experience brief fluctuations before preparing for a rebound in the fall.

Japanese Finance Minister Takayuki Katayama stated that he will continue to communicate with the market to maintain trust, and has reached a consensus with US Treasury Secretary Besson that the foreign exchange market has been affected by fluctuations driven by non real demand in the near future, and both sides will not hesitate to intervene when necessary.

[U.S. Interest Rate Futures Market Indicates Decline in December Rate Hike Expectations] According to Jinshi reports, pricing in the U.S. interest rate futures market shows that the expected rate hike by December is 28 basis points, lower than the 32 basis points prior to the release of non-farm payroll data. AI Interpretation: The non-farm payroll data has directly reshaped the market's expectations for the Federal Reserve's monetary policy path. The performance of the labor market has forced traders to lower rate hike pricing, reflecting a reduced concern over the risks of economic overheating. This adjustment signifies that the interest rate futures market is aligning with more moderate tightening expectations. The data has become a core anchor influencing short-term rate decisions, directly weakening the necessity for aggressive rate hikes.

THENA has launched the ARK initiative to reshape the protocol revenue model and has decided to cancel the 10% issuance of THE tokens. The project team has not yet minted the relevant tokens.

After the release of the non-farm payroll data, non-U.S. currencies generally rose. USD/JPY fell sharply by 80 points in the short term, quoted at 157.72; EUR/USD rose by 20 points in the short term, quoted at 1.1544; GBP/USD rose approximately 20 points in the short term, quoted at 1.3463. (Jin10) AI Interpretation: The performance of the non-farm payroll data directly triggered a market repricing of U.S. dollar assets. Fluctuations in the labor market weakened the short-term safe-haven appeal of the dollar, prompting funds to flow rapidly into non-U.S. currencies. This trend reflects the market's growing expectations for a shift in Federal Reserve monetary policy. The rapid decline in the dollar exchange rate underscores the current market logic tied to the cooling of the labor market. Such dramatic exchange rate fluctuations indicate that investors are accelerating adjustments to their bets on the future interest rate trajectory.