đŸ”„ Market Watch: U.S. Data & Policy Shake-Up — What It Means for Crypto!

📊 Key Highlights:

đŸ‡ș🇾 1. Fed Governor Milan’s Surprise Comment:

ADP jobs report came stronger than expected đŸ’Ș — U.S. labor market remains solid even before the government shutdown.

👉 This means the Fed may delay rate cuts, creating short-term pressure on crypto & stocks.

⚖ 2. Supreme Court Takes on Trump Tariffs:

The U.S. Supreme Court has begun hearings on Trump’s import tariffs.

👉 If the court rules against them → global trade could recover 🌍

👉 If tariffs stay → expect more volatility 🔁

📉 3. U.S. October PMI Slightly Declines:

Service PMI dropped to 54.8 (from 55.2) — still above 50, meaning the economy is growing but slowing.

👉 A further dip could push the Fed toward rate cuts, bullish for crypto đŸ”„

💡 Crypto Impact Summary:

Strong jobs = short-term pressure 📉

Possible trade relief = long-term growth đŸŒ±

Slower PMI = rate cuts ahead 🚀

⚠ Stay alert — the U.S. economy is sending mixed signals, and crypto will be the first to react.