#TheDecember5GateSquareDailyhighlights major shifts in global markets and crypto. U.S. initial jobless claims dropped to their lowest point in more than three years, showing strong labor resilience and easing economic concerns. In the crypto sector, PEPE users faced risk as the project’s official website appeared compromised and redirected visitors to potentially harmful links. Meta is reportedly planning a 30% budget cut for its Metaverse division next year, but investor confidence remained strong with the stock closing 3.4% higher. On the policy front, the White House NEC Director suggested the Federal Reserve might cut interest rates in the next meeting, adding bullish momentum to financial markets. Meanwhile, JPMorgan analysts stated that Bitcoin’s short-term movement may depend heavily on whether large-scale institutional “Strategy” accounts continue accumulating BTC, keeping inflows in the spotlight.

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1️⃣ U.S. Jobless Claims Hit 3-Year Low, Signaling Economic Strength
Fewer people applying for unemployment benefits means businesses are stable, hiring is strong, and recession fears weaken. A strong labor market supports overall financial confidence.

2️⃣ PEPE Website Appears Compromised, Users Urged to Avoid Malicious Redirects
The official PEPE site is redirecting visitors to dangerous links, creating a security risk for wallet users. Avoid interacting with the site until the team confirms it's safe.

3️⃣ Meta Plans 30% Cut to Metaverse Budget, Yet Stock Rises 3.4%
Despite reducing investment in the Metaverse, investors remain positive about Meta’s future, especially its focus on AI and cost efficiency, pushing the stock higher.

4️⃣ White House Suggests Fed May Cut Interest Rates Next Meeting
A potential rate cut would make borrowing cheaper and boost risk assets like stocks and crypto. Markets generally react positively to lower interest rates.

5️⃣ JPMorgan: Bitcoin’s Short-Term Trend Depends on Institutional Accumulation
Large institutional “Strategy” accounts are currently influencing BTC momentum. Continued accumulation could support a bullish trend; slowing inflows may weaken price movement.