"Mini Nonfarm" boosts rate cut expectations, US stocks close higher on Thursday; Nasdaq's strengthened regulation leads to collective plunge of crypto treasury companies

BlockBeats News, September 5th, according to market data from a certain exchange, Bitcoin rebounded this morning, breaking through $111,000, and Ethereum rebounded above $4,300. The 24-hour decline for both narrowed, and the current total cryptocurrency market capitalization is $3.907 trillions, down 0.8% in the past 24 hours. The August "ADP Nonfarm Employment Change" data strengthened expectations of an interest rate cut. On Thursday, all three major U.S. stock indexes closed higher, with the S&P 500 rising 0.83% and hitting a new all-time high. Cryptocurrency-related stocks generally fell, as news that "Nasdaq will strengthen regulation of crypto treasury companies" led to a collective plunge in crypto treasury companies, among which:

Certain Exchange (COIN) rose 1.49%, with a trading volume of $1.89 billions

Circle (CRCL) fell 0.74%, with a trading volume of $746 millions

Strategy (MSTR) fell 0.8%, with a trading volume of $3.4 billions

Bullish (BLSH) plunged 9.7%, with a trading volume of $280 millions

Bitmine (BMNR) fell 5.95%, with a trading volume of $1.75 billions

BTCS (BTCS) fell 2.3%, with a trading volume of $13 millions

SharpLink Gaming (SBET) plunged 8.26%, with a trading volume of $594 millions

BNB Network Company (BNC) fell 2.18%, with a trading volume of $6 millions

WLFI treasury company ALT5 Sigma (ALTS) plunged 13.8%, with a trading volume of $107 millions

Trump family mining company American Bitcoin (ABTC) plunged 20.3%, with a trading volume of $120 millions

Previous reports indicated that Nasdaq is strengthening its scrutiny of listed companies investing in cryptocurrencies, believing that such actions may mislead investors. Nasdaq has not yet publicly disclosed specific regulatory measures, but it is expected to require relevant companies to disclose detailed information about their crypto asset investments, including investment scale, strategies, and potential risks.