Binance Takes You to See Hot Coins: ZEC's Heat Remains in the Top 3 for 3 Consecutive Days, Rising 0.45% in 24 Hours

QCP released a report stating that non farm payroll employment in the United States increased by 162000 in August, higher than the expected 55000, the unemployment rate remained at 4.1%, and average hourly wages increased by 0.3% month on month. Bitcoin once rose to $82000 before falling back to $79300, while Ethereum remained at $2500. From September 1st to 4th, spot Bitcoin ETFs recorded a net inflow of $770 million. QCP pointed out that Bitcoin is facing resistance in the $80000 to $82000 range and Ethereum is above $2500, as investors are waiting for data from the Producer Price Index and Consumer Price Index. AI interpretation: Non farm employment data significantly exceeded market expectations, directly breaking the pessimistic view of a cooling labor market. The strong employment growth proves that the endogenous driving force of the US economy remains stable, completely eliminating the need for aggressive interest rate cuts in the short term. This unexpected performance has forced the market to reassess the monetary policy path, and the high interest rate environment will be maintained for a longer period of time to curb overheating risks. The sharp fluctuations in asset prices after the data was released reflect investors' immediate response to expectations of liquidity tightening.

Alain Bokebza, Global Head of Asset Allocation at Societe Generale, stated that the 5.5% yield on 10-year US Treasury bonds is the critical point at which a profit increase is no longer sufficient to support valuations, and higher borrowing costs will put pressure on stock valuations. Grace Peters from JPMorgan Chase stated that a 10-year US Treasury yield of 5% has significant psychological implications. Emmanuel Cau of Barclays believes that rising to 5% will make investors more concerned about the impact on the stock market.

Bitcoin fell 1.1% since midnight UTC as Nasdaq 100 futures rose 0.3%, while the weekend's double-digit altcoin gains stalled.

The Central Bank of the Philippines, Bangko Sentral ng Pilipinas, plans to suspend the processing and acceptance of payment system operator OPS new registration applications for 12 months to review relevant classification and licensing frameworks. If a merchant acquiring institution regulated by BSP serves regulated virtual asset service providers VASPs, it must arrange cooperation through direct merchant arrangements and implement control measures such as enhanced due diligence, continuous monitoring, transaction and settlement limits. Relevant VASPs must obtain licenses, registrations, or authorizations from BSP, the Philippine Securities and Exchange Commission, or other institutions. If approved, the draft will take effect 15 days after its release, and BSP is currently soliciting opinions.

DBS collaborates with Citi to achieve 24/7 real-time cross-border USD payments using tokenized deposits through Swift's blockchain ledger. （Cointelegraph）