#USJulyJobsUnexpectedlyFall
US job data surprises everyone! 🇺🇸📉
The economy lost 23,000 jobs in July (they expected +80k).
Downward revisions for May and June: −103k more jobs.
Unemployment rate falls to 4.1%, but because many people left the labor force.
So what about the market?
Bitcoin bounced back and broke above $65,000. Less pressure for the Fed to raise rates in September.
As a Crypto Accountant, these numbers remind me of something my kids teach me every day:
you have to be prepared for the unexpected and not get swept up in the noise.
Discipline first, always. 👨👩👧👦💪
How do you see the market after this NFP?
More bullish with BTC or still cautious?
Comment 👇
#Binance #BinanceSquare #CryptoAccountant #Bitcoin #Crypto #NFP #USJobs #Trading #CryptoMexicali #Futures
US job data surprises everyone! 🇺🇸📉
The economy lost 23,000 jobs in July (they expected +80k).
Downward revisions for May and June: −103k more jobs.
Unemployment rate falls to 4.1%, but because many people left the labor force.
So what about the market?
Bitcoin bounced back and broke above $65,000. Less pressure for the Fed to raise rates in September.
As a Crypto Accountant, these numbers remind me of something my kids teach me every day:
you have to be prepared for the unexpected and not get swept up in the noise.
Discipline first, always. 👨👩👧👦💪
How do you see the market after this NFP?
More bullish with BTC or still cautious?
Comment 👇
#Binance #BinanceSquare #CryptoAccountant #Bitcoin #Crypto #NFP #USJobs #Trading #CryptoMexicali #Futures