Home
Notification
Profile
Trending Articles
News
Bookmarks
History
Creator Center
Settings
Sender Wallet
0
Posts
Sender Wallet
Report
Block User
Follow
Multi-chain wallet backed by Binance Labs and Pantera Capital. Security audited by Slow Mist Team.
0
Following
4
Followers
0
Liked
0
Shared
Posts
No records found.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Trending Topics
USNFPBlowout
44,658 views
1,169 Discussing
The Non-Farm Payrolls (NFP) is a monthly report from the U.S. government that tells us how many new jobs were created. In the world of finance, this is "Judgment Day" because it tells us if the economy is hot or cold. Why is it a "Blowout"? The numbers that just dropped are shocking: The Forecast: Experts expected the U.S. to add about 70,000 jobs. The Reality: The economy added 130,000 jobs! That is nearly double what was expected. In any other world, a strong job market is great news! People are working, earning, and spending. The "Crypto Catch": Why the Price Dropped So, why did $BTC just slide toward $66,000? It all comes down to Interest Rates. The Fed's Logic: When the job market is "too strong," the Federal Reserve worries about inflation. They think, "If everyone has a job and is spending money, prices will keep going up." The Result: To stop inflation, the Fed keeps interest rates high. The Crypto Impact: Crypto thrives when interest rates are low (cheap money). Because this "Blowout" report was so strong, investors now think the Fed will delay cutting interest rates. #USNFPBlowout
MPrince
·
0 Likes
·
163 views
USRetailSalesMissForecast
1M views
11,952 Discussing
USTechFundFlows
1.3M views
14,480 Discussing
View More
Latest News
UK Chancellor Criticizes EU's 'Made in Europe' Law Proposal
--
AI Debt Raises Concerns Over Asset-Light Business Model for U.S. Stocks
--
White House Adviser Predicts Strong GDP Growth for This Year
--
View More
Sitemap
Cookie Preferences
Platform T&Cs