🪙 Bitcoin updated its 10-week high, approaching $97,700
🔼 BTC continued to rise on May 2 — right after the opening of the American stock market amid unexpectedly strong employment data in the U.S.
📊 In April, the U.S. economy created 177,000 jobs (forecast — 140,000), indicating a stable labor market despite high Fed rates.
🗣️ Strong statistics reduce the likelihood of a quick rate cut, but the S&P 500 and Nasdaq indices rose by 1.3%+.
🗣️ Against this backdrop, Trump again pressed the Fed:
"There is no inflation — it's time to act!" — calling for rate cuts.
🗓 The next Federal Reserve meeting is on May 7, and the market currently does not expect any changes.
