Crypto traders fear Fed rate cut could crash markets
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最新报道：Crypto markets declined ahead of the U.S. Labor Day weekend, with traders expressing concerns that potential Federal Reserve rate cuts may signal economic distress rather than provide bullish momentum. Bitcoin held around $107,500, down 6% in August but up 80% year-to-date, while Ethereum fell below $4,400. Traders are closely watching U.S. jobs data, fearing weak numbers could trigger institutional outflows and reinforce September's historically negative market trend.
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