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ChainCatcher News, according to Axios, the Winklevoss brothers have officially joined the US Republican Party's cryptocurrency donation camp, having donated over $32 million this year to several political groups supporting crypto-friendly policies. They support Trump's vision of "making America the global crypto hub," and stated that the realization of this vision is premised on the Republican Party gaining control of Congress. (Source link) Associated Tags US Republican Party Winklevoss brothers Trump ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be vigilant against various virtual token issuances and speculation. All content on this site is merely market information or opinions of relevant parties and does not constitute any form of investment advice. If you find any sensitive information on the site, you can click "Report" and we will handle it promptly.

According to ChainCatcher, citing Golden Ten Data, TradingKey senior economist Jason Tang stated that the non-farm employment data for August is unlikely to fluctuate significantly, with the main risk being whether the July data will be substantially revised downward. If the July data is significantly downgraded, it is expected that the US stock market will experience a sharp decline, followed by a rebound on the same day. This would indicate a weakening labor market, prompting investors to engage in an "economic slowdown trade," which may lead to a drop in US stocks after the market opens, and then shift to a "rate cut trade," driving a rebound from intraday lows.