Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
US employment news for February fell short of expectations. While previous forecasts anticipated job creation, instead, 92,000 people lost their jobs. As a result, the unemployment rate rose to 4.4%.
Such employment data are important indicators for markets. When they signal economic slowdown, investors generally avoid riskier assets. In the crypto market, these kinds of macroeconomic news are also evaluated, especially alongside Fed interest rate decisions.
Last month, when these unemployment figures were announced, some crypto assets experienced declines. Rising unemployment and weak employment news increase economic concerns. Investors are currently closely monitoring these macroeconomic indicators.