Just one weak jobs report — and the Fed’s entire “strong economy” narrative crumbled.
🇺🇸 U.S. added only 73K jobs in July, far below the expected 110K.
Worse? Huge downward revisions:
🔻 June: 147K → 14K
🔻 May: 144K → 19K
That’s 258,000 jobs wiped out — in silence.
📈 Unemployment ticks up to 4.2%, exactly as feared.
And the reaction? 🔥
🟢 75% chance of a September rate cut, says CME FedWatch.
🟢 Bond yields are tanking.
🟢 Market confidence in the Fed? Gone.
TRUMP Steps In: “Powell Is a Disaster!”
Donald Trump didn’t hold back:
🗣️ “Too late. Cut rates NOW.”
Blaming Powell, he added: “Tariffs are saving us — not the Fed!”
So What Now for Crypto?
📉 A softening economy could trigger rate cuts = weaker dollar = Bitcoin strength.
But if recession hits, risk assets like crypto may face turbulence.
Either way, volatility is coming.
🧠 Stay ready, not reactive.
🔐 Use tools like WalletConnect to keep your portfolio safe from sudden moves, phishing, or fake dApps.
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