Global Markets Experience Mixed Trends As Bitcoin Stabilizes

According to BlockBeats, the U.S. stock market experienced a downturn on Thursday, with all three major indices closing slightly lower after initially opening higher. This marked a challenging start to the new year for the stock market. In contrast, the cryptocurrency market saw a collective rebound as funds began returning to the market following the holiday season. Bitcoin, which had fallen below $92,000 at the end of the year, has recently stabilized and risen to around $97,000, marking a 24-hour increase of over 2.1%. Market sentiment has improved, leading to a recovery in altcoins. However, AI agent-themed cryptocurrencies, which had seen significant gains in recent days, have started to decline. On Thursday, Bitcoin spot ETFs saw a net inflow of $84 million. Despite this, BlackRock's Bitcoin spot ETF experienced a net outflow of 3,412 Bitcoins, valued at approximately $330 million, marking the largest outflow since the ETF's inception. The U.S. initial jobless claims data released on Thursday exceeded expectations, indicating a resilient job market. As a result, investors have reduced their bets on a Federal Reserve interest rate cut, with nearly a 90% probability that rates will remain unchanged in January. Next week, the U.S. will release key economic data, including the unemployment rate, minutes from the Federal Reserve's December FOMC meeting, and non-farm payroll numbers. The market remains uncertain, and any negative data could trigger another market downturn.