The labor market is telling two stories at once.
Claims: 206K — near historic lows. August layoffs: the fewest since 2022. Full employment, right?
ADP: just +38K private jobs in August — slowest since January. July payrolls: -23K . Hiring has stalled.
That's why today's 206K miss mattered: it nudged the Fed toward hold (Kalshi 56%), eased yields, and gave BTC +3% to ~$79.5K — right at the $80K supply wall from our earlier analysis.
Layoffs are rare until they aren't. Friday's payrolls will show which story is real — and whether $BTC finally breaks the ceiling.
$GOOGLB $SPCX
#usweeklyinitialjoblessclaimsriseto206000 #SECNewCryptoRulesAimToBringFirmsBackToUS #USGainsControlOfVenezuelanOilFields #CFTCScrutinizesPredictionMarketAffiliates #EtherXRPETFInflowStreaksEnd
Claims: 206K — near historic lows. August layoffs: the fewest since 2022. Full employment, right?
ADP: just +38K private jobs in August — slowest since January. July payrolls: -23K . Hiring has stalled.
That's why today's 206K miss mattered: it nudged the Fed toward hold (Kalshi 56%), eased yields, and gave BTC +3% to ~$79.5K — right at the $80K supply wall from our earlier analysis.
Layoffs are rare until they aren't. Friday's payrolls will show which story is real — and whether $BTC finally breaks the ceiling.
$GOOGLB $SPCX
#usweeklyinitialjoblessclaimsriseto206000 #SECNewCryptoRulesAimToBringFirmsBackToUS #USGainsControlOfVenezuelanOilFields #CFTCScrutinizesPredictionMarketAffiliates #EtherXRPETFInflowStreaksEnd