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Canadian July Employment Data Below Expectations, Increased Likelihood of September Interest Rate Cut

BlockBeats News, August 8th. In Canada, the July employment change was -40.8K people, expected 13.5K people, and the previous value was 83.1K people. After the data was released, the Canadian futures market indicated a 38% probability of a rate cut by the Bank of Canada in September, up from 33% before the employment data was announced.

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Was the September rate cut already priced in, and what's next for the market? | Trader's Insight

「Fade Trade」 or 「Dovish Expectation」

On-Chain Activity

40min ago

Crypto whales bloodied, '10 big goals first', 48Clublan and Bit-affiliated entities see cumulative asset drawdown exceeding $230 million.

1h ago

A whale is suspected of dumping 592,895 UNI tokens at a loss, with an estimated loss of approximately $1.547 million.

2h ago

HYPE on Hyperliquid saw $60.3 million in liquidations in the past 24 hours, with long positions accounting for 99.7%.

2h ago

A certain whale closed an ETH long position with a loss of approximately $10.49 million, then opened a $27 million SOL long position.

24H Important News

2026-11-15

Analyst: Bitcoin short-term holders' overall loss ratio rises to 73%, trapped positions may continue to suppress rebound

Bitwise CIO: Current crypto market resembles mid-2018, downturn may persist for some time.

Crypto whales bloodied, '10 big goals first', 48Clublan and Bit-affiliated entities see cumulative asset drawdown exceeding $230 million.

As the crypto market declines, Hyperliquid's revenue over the past 24 hours rose to $3.91 million.

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