4E: The three major U.S. stock indexes closed slightly lower in the first show of the new year, and Bitcoin rebounded and boosted market sentiment

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ODAILY
01-03
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Odaily reported that on Thursday, US stocks experienced a "black opening", with the three major indices closing slightly lower after opening higher and then falling. The cryptocurrency market rebounded collectively, and with the end of the Christmas and New Year holidays, funds have gradually returned to the market. Bitcoin, which fell below $92,000 at the end of the year, has stabilized recently and has rebounded to around $97,000, with a 24-hour increase of over 2.1%. The market sentiment has improved, and have warmed up. Against the backdrop of a broad-based rally across the board, the recent popular concept coins have seen some pullback after experiencing consecutive days of substantial gains. The Bitcoin spot ETF saw a net inflow of $84 million on Thursday, but the Bitcoin spot ETF under BlackRock saw a net outflow of 3,412 Bitcoins, worth about $3.3 billion, which is the highest net outflow on record since the ETF's inception. The US initial jobless claims data released on Thursday was better than expected, indicating that the US job market remains resilient, and investors have reduced their bets on the Fed cutting interest rates, with an estimated 90% probability of no rate cut in January. Next week, the US will release important economic data such as the unemployment rate, the FOMC meeting minutes from December, and non-farm payrolls, and the market is filled with uncertainty, with any negative data potentially triggering another market pullback.

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