「Mini Non-Farm Payrolls」 Boosts Rate Cut Expectations; US Stocks Close Higher on Thursday, Nasdaq's Tightened Regulation Leads to Collective Plunge of Crypto Treasury Companies
BlockBeats News, September 5th, according to HTX market data, this morning Bitcoin rebounded above $111,000, Ethereum rebounded above $4,300, with both 24-hour losses narrowing. The current cryptocurrency total market cap is $3.907 trillion, down 0.8% in the past 24 hours. The August "mini non-farm" data strengthened the expectation of interest rate cuts. The U.S. stock market closed with all three major indices rising on Thursday, with the S&P 500 rising by 0.83% once again hitting a historical high. Cryptocurrency stocks generally fell as news of "Nasdaq to strengthen regulation of crypto treasury companies" caused a collective slump in crypto treasury companies, including:
Coinbase (COIN) rose by 1.49% with a trading volume of $18.9 billion
Circle (CRCL) fell by 0.74% with a trading volume of $7.46 billion
MicroStrategy (MSTR) fell by 0.8% with a trading volume of $3.4 billion
Bullish (BLSH) plummeted by 9.7% with a trading volume of $2.8 billion
Bitmine (BMNR) fell by 5.95% with a trading volume of $17.5 billion
BTCS (BTCS) fell by 2.3% with a trading volume of $13 million
SharpLink Gaming (SBET) plummeted by 8.26% with a trading volume of $5.94 billion
BNB Network Company (BNC) fell by 2.18% with a trading volume of $6 million
WLFI Treasury Company ALT5 Sigma (ALTS) plummeted by 13.8% with a trading volume of $1.07 billion
The Trump family mining company American Bitcoin (ABTC) plummeted by 20.3% with a trading volume of $1.2 billion
Previously reported, Nasdaq is strengthening its review of public companies' cryptocurrency investment activities, believing that there may be risks of misleading investors. Nasdaq has not yet publicly disclosed specific regulatory measures, but is expected to require related companies to disclose detailed information about their cryptocurrency asset investments, including investment size, strategy, and potential risks.
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