Recently, the Crypto Assets market has suffered a heavy blow, with the market taking a sharp downturn. In just half a day, the amount of Get Liquidated in the contract market reached a staggering $912 million, causing countless investors to suffer heavy losses, as if they encountered a financial tsunami.

Behind this wave of sharp decline, there are complex economic factors. The latest figures show that the number of initial jobless claims in the United States is 221,000, slightly lower than the expected 226,000 and the previous value of 225,000. On the surface, the labor market still appears strong, but the market's expectations for a Fed rate cut in September have unexpectedly risen. Currently, the probability of a rate cut has climbed to 87.3%, a significant increase of 6.3 percentage points from last week.

This seemingly contradictory phenomenon actually reflects the subtle balance of the current economy. On one hand, the PPI inflation data has declined from a previous value of 0% to -0.1%, coupled with adjustments to certain tariff policies, indicating signs of a soft landing for the economy. On the other hand, although the unemployment claims data looks good, it is not strong enough to prevent the Federal Reserve from cutting interest rates.

The complexity of this economic data, along with the strong market expectations for interest rate cuts, has collectively triggered significant volatility in the crypto assets market. Investors need to closely monitor subsequent economic data and policy trends to cope with potential market risks.