Does this mean the economy is getting worse?

Yes, the labor market is not as strong as expected, which may imply that the U.S. economy is cooling down, or has already entered a phase of moderate slowdown.

💡 So why is it 'positive'?

Because:

1. Weak employment → The Federal Reserve may stop raising interest rates or even cut rates early

→ Rate cuts = liquidity release → Risk assets rise

2. The market will expect monetary policy easing → Generally positive for the stock and cryptocurrency markets

3. The tightening cycle to combat inflation is nearing its end → Investor confidence is recovering

📈 Impact on the cryptocurrency market:

✔ Bitcoin Expectations of rate cuts strengthen, BTC as a 'gold-like asset' will attract more funds

✔ Altcoins & SOL Stronger Beta elasticity, more affected by capital inflows, may initiate a rebound first

✔ ETF expectation assets Such as SOL and other currently popular projects, will benefit from both policy and liquidity

✅ This is news that is 'short-term positive + mid-term boosting', especially having a positive effect on currencies like BTC, ETH, and SOL.

The Federal Reserve is more likely to 'dove', interest rates are peaking, and market risk appetite for capital will rise.$BTC