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The US economy added 114,000 jobs in July, but the unemployment rate ROSE to 4.3%. The jobs report is crucial for investors as it indicates the health of the economy and the likelihood of interest rate hikes. However, the report sparked fears of a US economic slowdown, leading to a plunge in global stock markets. Investors are now closely monitoring economic data for further clues on the future direction of the US economy.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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