๐จ US Jobs Data Shock: Crypto Markets on Alert! ๐๐
The latest US Non-Farm Payrolls are in, and markets are whiplashing! After revisions and surprises:
๐ Key Numbers:
NFP (Nov): +64k โ vs +50k expected
Oct Revision: -105k โ
Unemployment: 4.6% โ ๏ธ
๐ก What It Means:
Recession fears are spooking markets ๐
Fed pressure: Weak jobs data could lead to faster rate cuts ๐ธ
Crypto boost: Lower rates = weaker $DXY = more liquidity for Bitcoin & altcoins ๐
๐ช Market Reaction:
Immediate dip on recession fears ๐
Quick rebound as smart money eyes liquidity injections ๐น
๐ก Trader Tips:
Expect volatility โก
Watch Bitcoin support at $85k
Dollar-Cost Averaging ($BTC ) = long-term winner โ
Are you buying the dip or sitting on cash? Let us know below! ๐
