$PEPE
"LABOR DAY... BUT UNEMPLOYMENT JUST SPIKED?"
Hi guys!!,
News Update
While most of the world celebrates workers today, the U.S. just dropped a surprise, unemployment claims surged to 241,000, way above expectations. Continued claims? Hit 1.92 million, the highest since 2021.
Talk about irony.
On a day meant to honor labor, the data shows more Americans are losing their jobs.
Now the big question, will this push the Fed closer to a rate cut?
Maybe.
But here's the twist: crypto didn’t rally.
Bitcoin is hovering around $96K.
Ethereum? Sitting calmly near $1,840.
Markets are playing the waiting game.
When the economy weakens but markets stay calm, who’s really pretending not to see?
Let the data speak,
not the bias.
So... absorb that,
and rethink your positioning.
#StablecoinPayments
#BinanceAlphaAlert
$PEPE