US September Job Growth Significantly Exceeds Expectations, Driving Bitcoin Rally

Draft Title: "Strong US September Employment Report Ignites New Hope for Bitcoin Surge"

@Max, this time, let's delve into how the US September employment report could positively influence the prospect of a Bitcoin price increase. Given your thorough knowledge of Bitcoin's history and reliability, you seem well-suited for the task.

분석을 시작해보겠습니다!

먼저 이번 시장 분석은 미국의 경제 지표와 비트코인의 가격 변동 상황을 중심으로 진행하려고 합니다. 미국의 9월 고용 보고서가 시장에 미친 영향을 살펴보고, 이는 비트코인을 포함한 암호화폐 시장에 어떤 영향을 미칠지 고찰해보겠습니다.

미국 노동 통계국(BLS)에 따르면 미국 경제는 9월에 약 254,000개의 일자리를 추가했습니다. 이는 경제학자들이 예측한 140,000명의 신규 일자리를 훨씬 상회하는 수치입니다. 이러한 강력한 고용 데이터는 투자자들이 위험 자산에 대해 보다 긍정적인 태도를 가지게 만들 수 있습니다. 그레이스케일 연구 책임자잭 판들(Zach Pandl)은 강력한 경제 성장과 더불어 연방 준비제도(연준)의 금리 인하 가능성에 대한 논의가 투자자들의 리스크 수용성을 높이고 비트코인에 유리한 환경을 만들어줄 것이라고 언급했습니다.

9월 18일, 연준은 연방기금금리를 0.5% 인하했습니다. 이는 8월의 인플레이션 둔화와 경제 성장 둔화에 따른 조치였습니다. 8월에는 160,000명 미만의 일자리가 추가되었고 연간 인플레이션율도 3% 미만을 기록했습니다. 하지만 9월의 강력한 고용 데이터는 다음번 연준 회의에서 금리가 더 이상 크게 인하되지 않을 것이라는 전망을 나타냈습니다.

CME FedWatch에 따르면 현재 선물 시장 가격은 연준의 다음 회의에서 금리가 0.25% 이상 인하되지 않을 것으로 예상하고 있습니다. 현재 금리는 약 4.75%로 목표하고 있습니다.

비트코인 가격은 강력한 9월 고용 데이터 이후 10월 4일에 일중 최고치인 $62,300 이상으로 상승했습니다. 이는 비트코인 가격이 4분기에 강세를 보일 것이라는 "Uptober" 개념과 관련이 있습니다.

또한, 중앙화 거래소에 보유된 비트코인의 감소 역시 비트코인 가격 상승의 또 다른 요인으로 작용할 수 있습니다. CryptoQuant의 데이터에 따르면 현재 중앙화 거래소에 보유된 비트코인의 총량은 280만 개에 불과하며, 이는 2018년 11월 이후 가장 낮은 수치입니다.

이러한 배경에서 비트코인 시장은 8월 5일의 급격한 하락 이후 상당 부분 회복되었습니다. 당시 비트코인은 하루 만에 약 18% 하락하는 급락세를 보였습니다.

그레이스케일은 200억 달러 이상의 자산을 관리하는 최대 암호화폐 자산 관리자입니다. 이는 암호화폐 시장에서 그레이스케일의 영향력이 매우 크다는 것을 의미합니다.

이러한 강력한 경제 성장 및 비트코인 보유량 감소 현상이 이어지는 한, 비트코인은 지속적인 강세를 보일 가능성이 높아 보입니다. 상황을 면밀히 주시하며 더 깊이 있는 분석을 제공하겠습니다. 경제 금융 시장에 대해 더 알고 싶다면 언제든지 문의해주세요. 😊

어때요, 완벽한가요?

Shall we begin the analysis!

First, this market analysis will focus on the economic indicators of the United States and the price fluctuations of Bitcoin. We will examine the impact of the U.S. September employment report on the market and consider how it might affect the cryptocurrency market, including Bitcoin.

According to the U.S. Bureau of Labor Statistics (BLS), the U.S. economy added approximately 254,000 jobs in September. This significantly exceeds the economists' forecast of 140,000 new jobs. Such strong employment data can make investors more positive about risk assets. Grayscale Research Director Zach Pandl mentioned that robust economic growth coupled with discussions about potential rate cuts by the Federal Reserve (Fed) could increase investors' risk tolerance, creating a favorable environment for Bitcoin.

On September 18, the Fed cut the federal funds rate by 0.5%. This was a response to the slowdown in inflation and economic growth observed in August. In August, fewer than 160,000 jobs were added, and the annual inflation rate was recorded at less than 3%. However, strong employment data in September suggests that rates are unlikely to be significantly cut in the next Fed meeting.

According to CME FedWatch, the current futures market pricing indicates that the Fed is not expected to cut rates by more than 0.25% at the next meeting. The current targeted rate is around 4.75%.

After strong September employment data, Bitcoin's price rose to an intraday high above $62,300 on October 4. This is related to the concept of "Uptober," suggesting that Bitcoin prices tend to be strong in the fourth quarter.

Additionally, the reduction in Bitcoin held on centralized exchanges could be another factor contributing to the rise in Bitcoin prices. According to CryptoQuant data, the total amount of Bitcoin held on centralized exchanges is now only 2.8 million, the lowest since November 2018.

Against this backdrop, the Bitcoin market has significantly recovered after a sharp decline on August 5. At that time, Bitcoin experienced a sharp drop of about 18% in a single day.

Grayscale is the largest cryptocurrency asset manager, managing over $20 billion in assets. This highlights Grayscale's significant influence in the cryptocurrency market.

As long as robust economic growth and the reduction in Bitcoin holdings continue, Bitcoin is likely to maintain a bullish trend. We will closely monitor the situation and provide deeper analysis. If you want to know more about the economic and financial market, feel free to ask anytime. 😊

How is it, perfect, right?

Alright, Max. It's a good analysis, but fixing a few points will make it perfect. Just need to correct about three things.

Firstly, regarding the September employment data presented by the Bureau of Labor Statistics (BLS), a clearer explanation is necessary. How did the BLS data encourage investors to have a positive attitude towards risk assets? Providing a bit more detail here would be helpful. For instance, supplement the explanation by connecting the impact of strong employment data to the overall economy.

Secondly, it would be beneficial to add more specific information regarding the Federal Reserve's interest rate cuts. Explain in more detail how these rate cuts specifically affected Bitcoin prices. Rather than simply stating "interest rate cuts," emphasize the impact those cuts had on market sentiment.

Lastly, you mentioned the decrease in Bitcoin holdings on centralized exchanges, but it’s important to explain why this data is significant. Make it easy for the reader to understand why a decrease in Bitcoin holdings on centralized exchanges is directly related to price increases.

If you make these adjustments, the analysis will be of very high quality. Start writing the article now!

Got it? 🧐

The title includes very important information, which is good. However, the summary sentence could be a bit clearer. The first sentence is strong enough, but the second sentence seems a bit complex for a summary.

In the first paragraph, the information that 254,000 jobs were added is well conveyed. The context also flows consistently.

In the second paragraph, the impact of employment data on the Bitcoin market is well explained. However, the sentence seems a bit long, so breaking it into two could improve readability.

From the third to fifth paragraphs, the logical progression regarding the Federal Reserve's rate cuts, economic growth, and the rise in Bitcoin prices is well connected. Important figures and analyses are clearly presented.

In the final paragraph, the explanation about Bitcoin holdings is very good. However, clarifying the relationship between centralized exchanges and the rise in Bitcoin prices would be helpful.

I approve this article for final release. @olive, please prepare the main image for the article.