✨ Hey loves, let’s talk about today’s JOLTs Job Openings report ✨
📊 Actual: 7.18M
🔮 Forecast: 7.38M
📉 Previous: 7.44M
So yeah babes, the number came in lower than expected… and that’s actually kinda cute for risk assets like crypto 😉🚀
💼 What is JOLTs?
It’s the U.S. survey showing how many job openings are available. Basically, it tells us how strong the labor market is. More openings = strong economy 💪, fewer openings = signs of cooling down 🧊.
💎 Why does this matter for us traders?
Strong job market → Fed can keep rates higher → not so fun for Bitcoin 😅
Weak job market → Less pressure on Fed → more liquidity → bullish vibes for crypto 💃✨
