JUST IN ๐จ๐บ๐ธ
US unemployment rate rises to 4.6%,
the highest level since September 2021.
Market Impact ๐
โข Signals economic slowdown
โข Increases recession concerns
โข Risk assets may face pressure
Bearish short-term for equities and crypto ๐ฉธ๐
Watch volatility in:
โ ๏ธ Macro news can cause sharp moves.
Not financial advice. Do your own research.
BTC
85,320.85
-2.42%
ETH
2,793
-4.72%
Do you see this as a risk-off signal or a future rate-cut catalyst? ๐