In June, the U.S. created an additional 147,000 non-farm jobs, exceeding the forecast of 111,000, with the unemployment rate dropping to 4.2% (Trading Economics). This reduces expectations for a rate cut of #Fed this month, from 24% to 4.7% (CME FedWatch).

Zach Pandl, head of research at Grayscale, stated that pressure from national finances and President Trump's criticism aimed at Fed Chair Powell is supporting Bitcoin prices. Trump is pushing for rate cuts, but the Fed has maintained rates through 4 meetings, expected to hold at 3.75-4% until the end of the year. The incident involving William Pulter accusing Powell of a lack of transparency further increases pressure. Despite volatility, this trend strengthens Bitcoin's role as an alternative asset, boosting DeFi and blockchain amidst economic uncertainty.

Risk Warning: Information is for reference only and not investment advice. #anhbacong