⚡️ KEY US MACRO DATA: UNEMPLOYMENT RATE
Today, the market received fresh US unemployment data, and it came out exactly in line with expectations. Forecasts pointed to an increase from 4.2% to 4.3%, and the actual figure was 4.3%.
Why does this matter? 📊
The labor market is gradually “cooling down,” which reduces pressure on inflation and gives the Federal Reserve more room to maneuver. At the same time, the slowdown is not sharp enough to trigger concerns about a deep recession. This is a kind of “golden mean” — and experts consider this scenario the most comfortable one for now.
What does it mean for the Fed? 🏦
At the September 17 meeting, the probability of an interest rate cut becomes higher. For investors, this is a positive signal since lower rates traditionally support both the stock market and cryptocurrencies.
And how does the crypto market react? 💎
For Bitcoin (BTC) — reduced pressure from a strong dollar may open the way for further growth.
For Ethereum (ETH) and XRP — a neutral-to-positive backdrop creates conditions for gradual upward movement.
Overall, sentiment remains calm, without panic, but with a tilt toward possible positivity in the coming weeks.
🟢 Final assessment: neutral-to-positive for the crypto market.
