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 🐂
BTCUSDT
Perp
87,196.9
-0.89%
ETHUSDT
Perp
2,936.87
-1.54%
TNSRUSDT
Perp
0.07909
-3.92%
