en|en|#USJobsData
💥 US job data drops… and crypto may move strongly!
🇺🇸 Key figures for September:
• 119 thousand new jobs — much higher than expectations 🔹
• Unemployment rises to 4.4% — the highest level in 4 years ⚠️
• Markets are still anticipating a rate cut amid a weak labor market and declining inflation… which reinforces the “soft landing” scenario 🌊
📊 Impact of the data on the crypto market: • ⚡ High volatility coming — traders are between caution and seizing opportunities.
• 🚀 In the event of a rate cut: a large crypto rally could be on the horizon!
• 🛑 If the Fed holds rates steady: high-risk assets may face short-term downward pressure.