$BTC US June Nonfarm Payrolls Come in Weaker Than Expected
The latest U.S. Non-Farm Payrolls (NFP) report for June showed slower job growth than economists had anticipated, while the unemployment rate unexpectedly declined.
๐ June NFP Data
โข Jobs Added: +57,000
โโ Forecast: +110,000
โโ Previous: +172,000
โข Unemployment Rate: 4.2%
โโ Forecast: 4.3%
โโ Previous: 4.3%
โข Average Hourly Earnings (MoM): +0.3%
โโ Forecast: +0.3%
โโ Previous: +0.3%
In addition, the April and May employment figures...
#newt $NEWT @NewtonProtocol
I used to think KYC was just a gate, but with Newton it feel more like a small signed function.
The thesis is simple: identity only becomes useful onchain when it returns less data, not more.
NEWT Token sits around $0.05, with about 288M circulating from 1B supply; that tells me the system is still early, not deeply absorbed by market demand yet ๐
24h volume near $6.7M against roughly $14.5M market cap is LOUD activity, but also thin liquidity pressure, becuse ...