#usadp98kmiss
June ADP
Significantly Weaker Than Expected
Short-Term Bullish for Risk Assets
🔹
Actual: +98K
🔹
Expected: +118K
🔹
Previous: +122K (revised)
Key Takeaway:
Missed by ~20K → Labor market cooling → Higher Fed rate cut odds → Risk-On for BTC
, Crypto & Risk Assets (short-term)
Watch this week's NFP for confirmation. July catalyst incoming?
$BTC
$SOL
$BNB
June ADP
Significantly Weaker Than Expected
Short-Term Bullish for Risk Assets
🔹
Actual: +98K
🔹
Expected: +118K
🔹
Previous: +122K (revised)
Key Takeaway:
Missed by ~20K → Labor market cooling → Higher Fed rate cut odds → Risk-On for BTC
, Crypto & Risk Assets (short-term)
Watch this week's NFP for confirmation. July catalyst incoming?
$BTC
$SOL
$BNB