🚨 *Macro Alert: Non-Farm Payrolls & Unemployment Rate Release* 📊

*Market Volatility Expected* 🔥

The US Bureau of Labor Statistics has released the Non-Farm Payrolls and Unemployment Rate data. Here's what happened:

- *Non-Farm Payrolls*: 22,000 jobs added, far below the expected 75,000.

- *Unemployment Rate*: rose to 4.3% from 4.2%, as anticipated.

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*Market Reaction* 📈

- Weak jobs data likely to boost risk assets, including crypto and stocks.

- Bitcoin (BTC) is trading at $110,361.99 with a 0.68% increase.

*Fed Interest Rate Implications* 📊

- A weak jobs report may lead to interest rate cuts, potentially boosting the market.

- Market is pricing in a 100% chance of a rate cut on September 17, with possibilities of a 50 bps cut.

*What's Next?* 🤔

- Traders will be watching for further market movements and potential rate cuts.

- Economic indicators will continue to shape market expectations.#USNonFarmPayrollReport #BinanceHODLerSOPH