The recently released non-farm employment data fell short of market expectations, which may increase the likelihood of the Fed lowering interest rates in September. Meanwhile, the chairman of the U.S. Securities and Exchange Commission (SEC) stated that a new "crypto assets project" will be launched, aimed at making the United States a global center for crypto asset innovation. This initiative could bring favourable information to public chain projects in the U.S.

This series of developments has attracted market attention. On one hand, the weakness in the job market may prompt the Fed to reconsider its monetary policy stance. On the other hand, the SEC's new initiatives demonstrate a more open attitude from U.S. regulators towards the crypto assets industry, which may create a more favourable regulatory environment for mainstream crypto assets such as Bitcoin (BTC) and Ethereum (ETH).

However, the market is also facing some uncertainties. The U.S. government is considering imposing tariffs on certain imported goods, which could affect the global economy and financial markets. At the same time, the crypto assets market has recently experienced a certain degree of pullback, and investors need to remain vigilant.

It is noteworthy that Ethereum is about to celebrate its tenth anniversary, and this milestone event has also sparked thoughts on the future development of blockchain technology. With the Fed set to announce its interest rate decision, market participants are closely watching these developments to assess their potential impact on Crypto Assets and traditional financial markets.