Recently released official data showed very strong performance in the U.S. labor market, with 165,000 jobs added in October. This figure far exceeded the average forecast, which called for just 65,000 jobs to be added.
The surprise didn’t stop there: the unemployment rate fell
Unemployment unexpectedly fell to 4.1%.
🔸 Added 165,000 jobs (100,000 more than expected).
🔸 Unemployment fell to 4.1%.
🔸 This strong performance could increase the likelihood of an interest rate hike in December.
What do you think—will this strong report give crypto markets a boost, or will it increase fears of tighter monetary policy? 💬👇