#USNonFarmPayrollReport 📊 #USNonFarmPayrollReport – Market Update
The latest US Jobs Report shows a mixed signal for the market.
Jobs Added: 50,000 (Below the 66,000 forecast)
Unemployment Rate: 4.4% (Down from 4.5%)
Previous months were revised lower, showing the US labor market is cooling faster than expected.
📉 What does this mean?
Slower job growth increases the chance that the Federal Reserve may cut interest rates sooner.
Lower interest rates usually weaken the US Dollar and support Bitcoin and crypto markets.
🚀 Crypto Market Impact
Bitcoin (BTC): Bullish if the dollar weakens
Ethereum (ETH): Likely to follow BTC
Market: High volatility expected
🏦 Fed Outlook
The Fed is expected to stay in a neutral stance for now, keeping the market in a tug-of-war between bulls and bears.
📌 Trader Question:
Are you buying the dip or waiting for the next FOMC meeting?
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