#数字资产市场动态 The Federal Reserve's strong economic data hits, and the dollar index hits a 6-week high

Recently, the US labor market data has performed well, with initial unemployment claims better than expected, coupled with several regional Federal Reserve surveys signaling strength. This series of data directly pushed the dollar index (DXY) to a recent high, and market expectations for the Fed to continue tightening have significantly increased.

In the short term, the rate cut cycle seems to need more patience. The dollar is supported by both safe-haven demand and interest rate arbitrage—assets like $STO, $FHE require close attention.

What does this mean for the crypto market?

The resilience of the labor market indeed exceeds expectations, and economic momentum is much stronger than previous market consensus. However, in this context, a strong dollar usually puts pressure on risk assets like $AXS —after all, funds tend to flow into safer assets. In the short term, volatility in risk assets may increase, and holders need to monitor dollar movements.

This is an observation period; the key is whether the Fed will adjust its tone next.