August payrolls came in at 162,000 jobs.
Forecasts were around the mid-50K–65K range.
That's a huge beat.
Unemployment remained at 4.1%.
At first glance, this sounds bullish for the economy.
For Bitcoin?
Not necessarily.
A stronger labor market gives the Federal Reserve more room to keep policy restrictive—or even consider another hike.
That's why BTC initially struggled around $80K after the report.
The crypto market doesn't only trade inflation.
It trades liquidity expectations.
Strong jobs → potentially higher rates → stronger yields → less easy money.
So I'm watching the next inflation data closely.
The headline is bullish for workers.
The reaction function may be less bullish for risk assets.
#BTC #ZeroResearch #Macro #BinanceSquare
$ENJ $ONDO $MARSCOIN
#usaugustjobgrowthnearlytriplesforecast
Forecasts were around the mid-50K–65K range.
That's a huge beat.
Unemployment remained at 4.1%.
At first glance, this sounds bullish for the economy.
For Bitcoin?
Not necessarily.
A stronger labor market gives the Federal Reserve more room to keep policy restrictive—or even consider another hike.
That's why BTC initially struggled around $80K after the report.
The crypto market doesn't only trade inflation.
It trades liquidity expectations.
Strong jobs → potentially higher rates → stronger yields → less easy money.
So I'm watching the next inflation data closely.
The headline is bullish for workers.
The reaction function may be less bullish for risk assets.
#BTC #ZeroResearch #Macro #BinanceSquare
$ENJ $ONDO $MARSCOIN
#usaugustjobgrowthnearlytriplesforecast