Here it comes! The U.S. unemployment rate and inflation data that the entire cryptocurrency market is watching have arrived. Is this the turning point in the market? Please see the data:
This unemployment rate meets expectations!
This employment number, although lower than the previous value, is slightly higher than expected!
Interpretation: Employment data has a certain duality. A slight decrease in employment numbers helps to suppress inflation and allows the Federal Reserve to cut interest rates, which is not considered a negative. However, if the employment numbers decrease significantly, it could raise concerns about a financial crisis, which would be negative.
This data is relatively mild and slightly positive.