PANews 3月10日消息，据The Block报道，上周五公布的美国2月就业报告弱于预期，这增强了美联储降息的理由，可能会提振风险偏好情绪，并推高全球股市和加密货币等资产。然而，分析师表示，与关税和供应链中断相关的持续通胀风险可能会使美联储保持谨慎。根据美国劳工部经季节性调整的数据，1月至2月美国经济仅增加了15.1万个非农就业岗位，这是自2019年以来最弱的2月增长。这一数字低于道琼斯调查的经济学家预测的17万个净新增就业岗位。Nexo的一位分析师表示，未来几个月可能有几个因素会抑制就业增长，包括政府裁员、联邦资金减少、关税不确定性以及更严格的移民政策。这位Nexo分析师表示：“这些因素可能会导致招聘放缓，抑制整体经济势头，并可能强化通货紧缩趋势。”
该分析师指出，美联储现在面临艰难的政策环境。虽然较弱的就业增长支持了降息的理由，但持续的通胀担忧——尤其是那些源于供应侧限制和地缘政治不确定性的担忧——可能会促使美联储谨慎行事，而不确定的环境可能会对加密货币行业造成压力。Nexo分析师表示：“在加密货币市场中，宏观经济不确定性仍然是波动的主要驱动因素。经济放缓和美联储的鸽派立场可能会刺激风险偏好，从而利好比特币和数字资产。然而，持续的通胀或财政不稳定可能会抵消这些收益，使投资者保持警惕。”CoinPanel交易自动化专家Kirill Kretov强调了失业率上升对数字资产的潜在影响，因为这增加了美联储降息的可能性，从而改善比特币和去中心化金融的流动性。Kretov表示：“略微疲软的工资增长表明通胀压力有所缓解，这使得美联储更早转向的可能性更大。”

<img src="https://static.fwimg.io/img/feed/a104735a013dbb53abcce4faac1947b5.jpg">PANews 3月10日消息，据The Block报道，上周五公布的美国2月就业报告弱于预期，这增强了美联储降息的理由，可能会提振风险偏好情绪，并推高全球股市和加密货币等资产。然而，分析师表示，与关税和供应链中断相关的持续通胀风险可能会使美联储保持谨慎。根据美国劳工部经季节性调整的数据，1月至2月美国经济仅增加了15.1万个非农就业岗位，这是自2019年以来最弱的2月增长。这一数字低于道琼斯调查的经济学家预测的17万个净新增就业岗位。Nexo的一位分析师表示，未来几个月可能有几个因素会抑制就业增长，包括政府裁员、联邦资金减少、关税不确定性以及更严格的移民政策。这位Nexo分析师表示：“这些因素可能会导致招聘放缓，抑制整体经济势头，并可能强化通货紧缩趋势。”该分析师指出，美联储现在面临艰难的政策环境。虽然较弱的就业增长支持了降息的理由，但持续的通胀担忧——尤其是那些源于供应侧限制和地缘政治不确定性的担忧——可能会促使美联储谨慎行事，而不确定的环境可能会对加密货币行业造成压力。Nexo分析师表示：“在加密货币市场中，宏观经济不确定性仍然是波动的主要驱动因素。经济放缓和美联储的鸽派立场可能会刺激风险偏好，从而利好比特币和数字资产。然而，持续的通胀或财政不稳定可能会抵消这些收益，使投资者保持警惕。”CoinPanel交易自动化专家Kirill Kretov强调了失业率上升对数字资产的潜在影响，因为这增加了美联储降息的可能性，从而改善比特币和去中心化金融的流动性。Kretov表示：“略微疲软的工资增长表明通胀压力有所缓解，这使得美联储更早转向的可能性更大。”

分析师：经济放缓迹象或促使美联储转向鸽派，提振比特币和风险资产

Here is the English translation:

PANews reported on March 10 that according to <The Block>, the weaker-than-expected US employment report for February released last Friday strengthened the reasons for the Federal Reserve to cut interest rates, which could boost risk appetite sentiment and drive up global stock markets and crypto assets. However, analysts said that the persistent inflation risks associated with tariffs and supply chain disruptions may make the Federal Reserve cautious.

According to seasonally adjusted data from the US Department of Labor, the US economy added only 151,000 non-farm jobs from January to February, the weakest February growth since 2019. This figure was lower than the 170,000 net new jobs forecast by economists surveyed by Dow Jones.

A <Nexo> analyst said that there could be several factors in the coming months that could dampen employment growth, including government layoffs, reduced federal funding, tariff uncertainty, and stricter immigration policies. The <Nexo> analyst said: "These factors may lead to a slowdown in hiring, dampen the overall economic momentum, and potentially reinforce deflationary trends."

The analyst pointed out that the Federal Reserve now faces a difficult policy environment. While weaker employment growth supports the rationale for rate cuts, persistent inflation concerns - especially those stemming from supply-side constraints and geopolitical uncertainties - may prompt the Federal Reserve to act cautiously, and the uncertain environment may put pressure on the crypto industry.

The <Nexo> analyst said: "In the crypto market, macroeconomic uncertainty remains a major driver of volatility. Economic slowdown and a dovish stance by the Federal Reserve could stimulate risk appetite and benefit Bitcoin and digital assets. However, persistent inflation or fiscal instability could offset these gains, keeping investors on alert." <CoinPanel> trading automation expert Kirill Kretov emphasized the potential impact of rising unemployment on digital assets, as this increases the likelihood of the Federal Reserve cutting interest rates, which would improve the liquidity of Bitcoin and decentralized finance. Kretov said: "The slightly weaker wage growth suggests that inflationary pressures have eased, making it more likely that the Federal Reserve will pivot sooner."

<img src="https://static.fwimg.io/img/feed/a104735a013dbb53abcce4faac1947b5.jpg">PANews reported on March 10 that according to The Block, the US employment report for February released last Friday was weaker than expected, which strengthens the case for the Federal Reserve to cut interest rates, which could boost risk appetite sentiment and push up global stock markets and crypto assets. However, analysts said that the persistent inflation risk associated with tariffs and supply chain disruptions may make the Federal Reserve cautious. According to seasonally adjusted data from the US Department of Labor, the US economy added only 151,000 non-farm jobs from January to February, the weakest February growth since 2019. This figure was lower than the 170,000 net new jobs forecast by economists surveyed by Dow Jones. A Nexo analyst said that there could be several factors in the coming months that could dampen employment growth, including government layoffs, reduced federal funding, tariff uncertainty, and stricter immigration policies. The Nexo analyst said: "These factors could lead to a slowdown in hiring, dampen the overall economic momentum, and potentially reinforce deflationary trends."The analyst pointed out that the Federal Reserve now faces a difficult policy environment. While weaker job growth supports the case for rate cuts, persistent inflation concerns - especially those stemming from supply-side constraints and geopolitical uncertainty - may prompt the Federal Reserve to act cautiously, and the uncertain environment could put pressure on the crypto industry. The Nexo analyst said: "In the crypto market, macroeconomic uncertainty remains a major driver of volatility. Economic slowdown and a dovish stance by the Federal Reserve could stimulate risk appetite, benefiting Bitcoin and digital assets. However, persistent inflation or fiscal instability could offset these gains, keeping investors on alert." CoinPanel trading automation expert Kirill Kretov emphasized the potential impact of rising unemployment on digital assets, as this increases the likelihood of the Federal Reserve cutting interest rates, which would improve the liquidity of Bitcoin and decentralized finance. Kretov said: "The slightly softer wage growth suggests that inflationary pressures have eased, making it more likely that the Federal Reserve will pivot sooner."

Analyst: Signs of economic slowdown may prompt the Fed to turn dovish, boosting Bitcoin and risky assets

<PANews> March 10 news, according to Bloomberg, on Monday, the price of cryptocurrencies continued to fall, the escalating trade war tensions and the weakening expectations of further interest rate cuts by the Federal Reserve offset the positive impact of a series of statements by US President Donald Trump last week supporting cryptocurrencies. Since the Federal Reserve hinted at a pause in rate cuts in mid-December last year, risk assets such as cryptocurrencies have been under pressure. Last Friday's employment data showed that the US unemployment rate rose from 4% to 4.1%, further increasing market uncertainty. Augustine Fan, a partner at crypto derivatives software provider SignalPlus, said: "The 'underemployment' rate has soared to a five-year high, exacerbating concerns about an economic recession and pushing yields lower, as rate cut expectations have been brought forward to early summer."

Trump's friendly stance on cryptocurrencies, including signing an executive order to establish a US Bitcoin reserve and separate other token reserves, as well as a high-profile summit with industry executives in Washington, has had limited impact on boosting market sentiment. Although the government has promised to use the proceeds from the forfeiture of cryptocurrencies to fund the reserves, the lack of new capital commitments has disappointed investors. Jeff Mei, Chief Operating Officer of crypto exchange BTSE, said: "The market sees this summit as disappointing, and the major cryptocurrency prices have fallen after the news that the much-anticipated crypto reserves will only hold the government's existing assets." Mei added: "Bitcoin is likely to fall to the $70,000-$80,000 range in the coming weeks. Only when this trade war ends and the Fed resumes rate cuts will the major cryptocurrencies return to their previous historic highs."

The US currently has about $1.7 billion in Bitcoin and about $400 million in other tokens, mainly due to asset forfeitures related to civil and criminal cases. Ari Paul, co-founder of BlockTower Capital, said that given recent developments such as the SEC's weakened enforcement, it is reasonable for investors to be more optimistic about cryptocurrencies, but other factors are more subtle and even negative. In a message, Paul said: "The government's apparent capriciousness and favoritism in choosing strategic reserve assets - especially after the launch of the Trump and Melania tokens - is a strong deterrent for investors. This gives the impression that the Trump administration is choosing and promoting 'insider' assets based on lobbying, and today's cryptocurrency market is largely a casino for short-term trading."

Bloomberg: Macroeconomic unfavorable factors offset Trump's promotion, and the decline of cryptocurrencies has further intensified

Here is the English translation:

As the first quarter of 2025 draws to a close, this week's global macroeconomic events and the dynamics of the <crypto> market will provide investors with multiple points of focus. From Trump's meeting with tech leaders, the release of US inflation data, to Bitcoin-related policies and multi-chain token unlocks, market volatility is expected to increase significantly. The following is a detailed preview of this week's macroeconomic events and <crypto> hotspots.

Monday (March 10): Trump meets with US tech leaders
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The US government shuts down, US lawmakers release major Bitcoin plans - this week's macro events preview

Given Trump's chaotic tariff policy and the federal government's layoff initiatives, bond traders are signaling that the risk of a US economic stagnation is increasing.

Within less than two months of Trump's presidency, people had speculated that he would inject stimulus measures to expand the US economy and continue to exert upward pressure on US Treasury yields, but such speculation is quickly being cast aside. Instead, traders have been heavily buying short-term US Treasuries, and the yield on the two-year Treasury has fallen sharply since mid-February, with the market expecting the Federal Reserve to resume rate cuts as early as June to prevent...