๐จ U.S. JOBS DATA UPDATE โ MACRO TIDE IS TURNING ๐บ๐ธ๐
U.S. unemployment just climbed to 4.6%, above the 4.4% expectation โ an early sign the labor market is cooling ๐
Why this matters ๐
๐ Softer jobs data = more pressure on the Fed
๐ง A more dovish stance could be coming
๐ Thatโs fuel for risk assets โ stocks and crypto included
๐ Market snapshot:
๐น $DOT : minor pullback
๐น $XRP : holding strong, relative strength showing
๐น $ADA : short-term weakness amid macro uncertainty
Big picture?
The macro setup is slowly shifting toward risk-on โ if the Fed blinks first.
Smart money is watching the next move closely ๐๏ธ๐
