Interesting data from the U.S. labor market today.
Job growth came in stronger than expected, which usually supports a stronger dollar.
However, the unemployment rate rising to 4.4% suggests the labor market may still be cooling beneath the surface.
This mixed signal could keep markets cautious.
Strong job numbers reduce pressure for rate cuts, while rising unemployment points to slower economic momentum.
For crypto and other risk assets, this kind of data often leads to short-term volatility rather than a clear trend.
Markets may wait for more signals from inflation data and the Fed before choosing a direction.
What do you think matters more right now: job growth or unemployment?
