JUST IN: Fresh #USLaborData is out 👇

Unemployment: 4.4% (↑ vs 4.3% forecast)

NFP: 119k (huge beat vs 51k)

Jobless Claims: 220k (slightly better)

What it means for #crypto ?

Strong NFP = stronger dollar = bearish for crypto 📉

Rising unemployment adds some uncertainty, but not enough to help bulls.

Crypto likely sees downward pressure near-term.

Which side are you on? 🐻 or 🐂

$BTC || $ETH || $TNSR

BTC
BTCUSDT
73,304.4
+0.31%
ETH
ETHUSDT
2,296.2
+2.23%
TNSR
TNSRUSDT
0.04098
-2.86%