#NFPWatch June’s Non-Farm Payrolls (NFP) report revealed 206K jobs added, slightly above expectations, but the unemployment rate ticked up to 4.1%. This mixed data signals a cooling labor market, fueling speculation that the Fed could pivot to rate cuts sooner than expected. Crypto markets reacted positively, with Bitcoin briefly testing resistance near $59K. Lower interest rates tend to favor risk assets like crypto, as investors seek higher returns. Traders are now watching CPI data and Fed commentary for confirmation of a dovish shift. Stay alert—macroeconomic data continues to drive crypto volatility. Follow Binance for real-time updates.