🟢 A major miss in US employment data just triggered a sharp surge ⚡ across macro markets. Nonfarm payrolls rose by only 29 thousand versus 90 thousand expected, pushing Bitcoin above $87,000 and triggering the liquidation of $27 million in short positions within one hour. Traders are aggressively betting that weakness in the labor market will force a shift toward easier monetary policy 📈 despite steady Treasury bond yields. Watch to see whether the spot momentum holds above the near-term support.
Will weakening US employment data force the central bank to pivot before high bond yields stop risky assets? Share your thoughts below. 👇
#macro #bitcoin #fed #employment #liquidations
Will weakening US employment data force the central bank to pivot before high bond yields stop risky assets? Share your thoughts below. 👇
#macro #bitcoin #fed #employment #liquidations
