🚨 NFP Shockwave Hits Markets 🚨
The August U.S. Jobs Report (NFP) just dropped – and it’s shaking up global markets!
📊 Key Data:
Jobs Added: +22,000 (vs. 75K expected)
Unemployment: 4.3% (highest since 2021)
Wage Growth: +3.7% YoY
June revised to a job LOSS – first since 2020!
🔥 Impact on Crypto:
Weak jobs = stronger case for Fed rate cuts 💸
Dollar falling, Gold pumping, Stocks rallying 📈
Bitcoin holding strong above $110K 💎
ETH consolidating near $4.2K ⚡
👉 A softer labor market means liquidity could flood back into risk assets — and crypto stands first in line to benefit.
⚠️ Traders: Expect high volatility in the coming sessions as the market prices in a possible 50 bps Fed cut this month.