The latest news is that the seasonally adjusted non-farm payrolls in the United States in April were 175,000, the lowest since October 2023, with an expected number of 243,000 and a previous value of 303,000. The unemployment rate in the United States rose to 3.9% in April, and the market expected it to remain unchanged at 3.8%.
The recent rise in BTC is a response to the non-farm data. The increase in unemployment will drive expectations of interest rate cuts, and interest rate cuts will drive BTC up. It is a very simple logic~#美联储何时降息? #BTC