📢 Gate Square Daily|December 5 — Full Market Breakdown
1️⃣ U.S. Initial Jobless Claims Hit 3-Year Lows Fresh data shows U.S. initial jobless claims have fallen to their lowest level in more than three years, signaling a stronger-than-expected labor market. This decline eases concerns about a slowdown in employment and may influence the Fed’s next moves on monetary policy.
2️⃣ Meme Coin PEPE’s Official Website Potentially Compromised The official PEPE website appears to be redirecting users to malicious links, raising serious security concerns across the community. Users are strongly advised to avoid interacting with suspicious redirects and double-check all links before connecting wallets.
3️⃣ Meta Plans Major Budget Cuts for Metaverse Division Reports indicate Meta may slash its Metaverse division budget by up to 30% in 2026. Despite the potential cut, Meta stock closed up 3.4%, reflecting investor optimism around AI-focused strategies taking priority.
4️⃣ White House NEC Director Signals Possible Fed Rate Cut The White House National Economic Council Director has suggested that the Federal Reserve may cut interest rates at its next meeting, given improving inflation trends and stronger labor data. Markets are now pricing in a higher probability of a near-term rate adjustment.
5️⃣ JPMorgan: BTC Accumulation Strategy Could Drive Short-Term Trend According to JPMorgan analysts, Bitcoin’s short-term price direction may depend heavily on whether current market strategies continue accumulating BTC. If accumulation remains steady, analysts believe it could provide support for upward price movement.
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📢 Gate Square Daily|December 5 — Full Market Breakdown
1️⃣ U.S. Initial Jobless Claims Hit 3-Year Lows
Fresh data shows U.S. initial jobless claims have fallen to their lowest level in more than three years, signaling a stronger-than-expected labor market.
This decline eases concerns about a slowdown in employment and may influence the Fed’s next moves on monetary policy.
2️⃣ Meme Coin PEPE’s Official Website Potentially Compromised
The official PEPE website appears to be redirecting users to malicious links, raising serious security concerns across the community.
Users are strongly advised to avoid interacting with suspicious redirects and double-check all links before connecting wallets.
3️⃣ Meta Plans Major Budget Cuts for Metaverse Division
Reports indicate Meta may slash its Metaverse division budget by up to 30% in 2026.
Despite the potential cut, Meta stock closed up 3.4%, reflecting investor optimism around AI-focused strategies taking priority.
4️⃣ White House NEC Director Signals Possible Fed Rate Cut
The White House National Economic Council Director has suggested that the Federal Reserve may cut interest rates at its next meeting, given improving inflation trends and stronger labor data.
Markets are now pricing in a higher probability of a near-term rate adjustment.
5️⃣ JPMorgan: BTC Accumulation Strategy Could Drive Short-Term Trend
According to JPMorgan analysts, Bitcoin’s short-term price direction may depend heavily on whether current market strategies continue accumulating BTC.
If accumulation remains steady, analysts believe it could provide support for upward price movement.