Good morning, traders! ☕ Ethereum is trading around $1,929, climbing after a genuinely surprising jobs report landed yesterday. Economists expected the US to add roughly 80,000 jobs in July — instead, the economy actually lost 23,000 jobs, while unemployment ticked down slightly to 4.1%. That kind of miss usually strengthens the case for a future rate cut, and both Bitcoin and Ethereum responded positively to the news.
The broader mood is quietly improving too — the Fear & Greed Index climbed from 25 to 29 over the past few days, still technically in "Fear" territory but a real step away from the extreme caution seen earlier this month.
With the next FOMC meeting not until September 15–16, all eyes now turn to Fed Chair Kevin Warsh's Jackson Hole speech later this month, one of the few chances markets will get to read his notoriously ambiguous tone before then. 🧠
$ETH #Ethereum #ETH2026 #JobsReport #FedWatch #CryptoNews
The broader mood is quietly improving too — the Fear & Greed Index climbed from 25 to 29 over the past few days, still technically in "Fear" territory but a real step away from the extreme caution seen earlier this month.
With the next FOMC meeting not until September 15–16, all eyes now turn to Fed Chair Kevin Warsh's Jackson Hole speech later this month, one of the few chances markets will get to read his notoriously ambiguous tone before then. 🧠
$ETH #Ethereum #ETH2026 #JobsReport #FedWatch #CryptoNews