This week’s macro highlights: Strong non-farm payrolls boost rate hike expectations, with U.S. tech stocks losing over $1 trillion in a single day. According to BlockBeats, on June 6, U.S. non-farm payroll employment added 172,000 jobs in May, significantly surpassing the market expectation of 85,000, prompting markets to reassess the Fed’s policy path. The probability of a rate hike by December rose to 63%, as several Fed officials signaled a hawkish stance. As a result, the U.S. dollar index rebounded above the 100 level, gold fell for a fourth consecutive week, and U.S. tech stocks plunged on Friday—the Philadelphia Semiconductor Index dropped 10% in a single day, wiping out over $1 trillion in market value. Three key developments to monitor: whether capital inflows continue, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation signals. A single news item only reflects heightened sentiment; it is subsequent data that determines whether this momentum solidifies into a lasting trend. Risks must also be acknowledged: The Middle East situation remains tense; U.S.-Iran negotiations have stalled over asset freeze issues, with Iran warning that any escalation in conflict would broaden its retaliatory scope. A draft proposal for managing the Strait of Hormuz has entered the review phase, and tensions in Lebanon continue to rise. In capital markets, SpaceX announced it will list on Nasdaq on June 12 at a price of $135 per share, expected to raise $75 billion in funding with a valuation nearing $1.8 trillion. #OnChainData #Regulation #Blockchain #CryptoMarket #Crypto