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 🐂
BTCUSDT
Perp
70,245.7
+4.73%
ETHUSDT
Perp
2,090.07
+6.53%
TNSRUSDT
Perp
0.05728
-0.67%