JUST IN: Fresh #USLaborData is out 👇
Unemployment: 4.4% (↑ vs 4.3% forecast)
NFP: 119k (huge beat vs 51k)
Jobless Claims: 220k (slightly better)
What it means for #crypto ?
Strong NFP = stronger dollar = bearish for crypto 📉
Rising unemployment adds some uncertainty, but not enough to help bulls.
Crypto likely sees downward pressure near-term.
Which side are you on? 🐻 or 🐂
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