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WHY THE CRYPTO MARKET IS DUMPING? Here’s everything you need to know: The latest US jobs report came in, and it was rough. Only 73,000 jobs were added (expectation was over 100,000). May and June numbers were revised down by 258,000. Unemployment rose to 4.2%, the highest in more than two years. That’s a clear sign the economy is slowing down. Markets reacted fast: – Stocks fell – The dollar dropped more than 1% – Odds of a Fed rate cut in September jumped from 40% to over 80% This should’ve been a win for Trump. He’s been calling for rate cuts for months. Now he had the perfect data to pressure Powell. But instead? He called the report fake. Then fired BLS Commissioner William Beach, the guy who released it. And took another shot at Powell, saying he should be “put out to pasture.” So let’s get this straight: Trump wants rate cuts. He gets the exact numbers that support rate cuts. He calls them fake, fires the messenger, and attacks the Fed Chair. Markets are confused. Is this bullish? Bearish? Just chaos? And here’s the real concern: If official economic data starts getting politicized, how do markets trust anything moving forward? This isn’t just about jobs or inflation anymore. It’s about trust, credibility, and who controls the narrative. Wild times ahead. What’s your take? #FOMCMeeting #TrumpTariffs #MarketPullback
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