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Trump Fires U.S. Labor Statistics Chief After Weak July Jobs Report, Alleging Without Evidence That the Numbers Were “Rigged” ⸻ On Friday, August 1, 2025, President Donald Trump fired Erika McEntarfer, the Senate-confirmed Commissioner of the U.S. Bureau of Labor Statistics (BLS), shortly after a much weaker-than-expected July jobs report was released. The report revealed that only 73,000 jobs were added—well below forecasts—and that revisions to May and June slashed a combined 258,000 jobs off earlier estimates. The unemployment rate also ticked up to 4.2%. Trump took to social media, claiming without any evidence that the numbers were “rigged,” and accused McEntarfer of manipulating the data to benefit Democrats and harm Republicans. He ordered her dismissal via a post on Truth Social. The move triggered strong backlash from economists, statisticians, and former BLS officials. Critics warned that firing the head of a nonpartisan statistical agency based on dissatisfaction with the data sets a worrisome precedent and threatens the integrity of federal economic reporting. Deputy Commissioner William Wiatrowski has stepped in as acting head while the administration considers a permanent replacement. The decision is already raising broad concerns among investors, lawmakers, and experts about whether future economic data can continue to be trusted.
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Alpha Market Watch 🔍 | August 2nd 🔥 $RHEA (+40.62%) — Still Climbing After Yesterday’s Blast RHEA made headlines in our last post, and today it proved the momentum is real. After yesterday’s +71%, it keeps soaring with another +40% gain. This suggests strong community backing and no signs of exhaustion yet. Short-term holders may lock some profits, but structurally, RHEA looks like it’s aiming for new highs if volume stays elevated. ⸻ 🦍 $gorilla (+80.26%) — From Meme to Momentum? GORILLA has pulled an impressive 80% move today, fueled by speculative buyers and low market cap ($3.2M), which makes it highly reactive. It’s currently under the radar compared to bigger meme coins, but this makes it appealing for high-risk, high-reward traders. If the hype doesn’t burn out quickly, GORILLA could challenge the 0.006 territory soon. ⸻ 🛠 $AIO (+33.55%) — Tech Utility Meets Market Hype AIO might not have the flashiness of meme coins, but it’s gaining solid traction with its $9.6M cap and breakout candle. This is the kind of coin that benefits from both low supply and utility-driven interest. The +33% spike may just be the beginning if it confirms support near 0.06 before attempting a 0.08 target. ⸻ 🟢 Note: Coins like RHEA, GAIA, and TROLL — previously featured — continue their strong upward trajectory. They remain in watchlist territory as momentum builds. The Alpha board is heating up.
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🧠 Alpha Market Watch – 3 Underrated Crypto Movers with Room to Run 1. $gorilla (Gorilla) With a staggering +56.06% pump today, Gorilla still trades at a micro price of $0.0032916, leaving plenty of room for short-term upside. Its ultra-low market cap (~$1.97M) makes it a prime candidate for meme momentum and speculative waves. If social chatter continues to grow, Gorilla could double again before showing real exhaustion. 2. $AGT (AGT) Up +51.12%, AGT is still flying under the radar with a market cap under $3.5M. Trading at just $0.0070618, it’s accessible to retail buyers and might benefit from further retail-driven euphoria. As a micro-cap token in an upward trend, AGT has strong continuation potential if volume sustains. 3. $RHEA (RHEA) RHEA has posted an impressive +41.21% jump, yet remains modestly valued with a market cap of $10.71M. Its unit price of $0.061968 makes it psychologically attractive to traders looking for "cheap" entries. If it breaks through short-term resistance, RHEA could ride the current bullish wave toward 2x territory. #BinanceAlpha Want more fast-moving alphas like this? Keep your eyes here. 📊📈
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$IDEX With a +32.70% surge, IDEX is clearly having a breakout moment—but that doesn’t mean it’s done. Despite the spike, its unit price remains extremely low at $0.03348, meaning retail traders and short-term momentum players are still piling in. IDEX operates as a decentralized exchange—a sector gaining relevance amid growing skepticism over centralized platforms. Its market cap is still small enough to allow more upward movement as volume increases.
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