U.S. #Jobs Shock: What It Means for BTC đđ
September Nonfarm Payrolls came in at just 29K, far below the 90K forecast, while August was revised to 133K. Unemployment also rose to 4.2%, signaling a softer labor market.
Markets may view this as reducing the odds of another Fed hike, pushing yields lower and supporting risk assets such as Bitcoin. However, growth concerns could also increase volatility.
What do you think ? Will $BTC treat weak jobs data as bullish liquidity news ! or recession risk?
#Bitcoin #NFP #CryptoMarket #CoinVahini
September Nonfarm Payrolls came in at just 29K, far below the 90K forecast, while August was revised to 133K. Unemployment also rose to 4.2%, signaling a softer labor market.
Markets may view this as reducing the odds of another Fed hike, pushing yields lower and supporting risk assets such as Bitcoin. However, growth concerns could also increase volatility.
What do you think ? Will $BTC treat weak jobs data as bullish liquidity news ! or recession risk?
#Bitcoin #NFP #CryptoMarket #CoinVahini