Strong U.S. Jobs Data Hits Crypto Market – What Now?
Today’s U.S. jobs report came in stronger than expected, showing the economy added 147,000 jobs in June.
The chances of a Federal Reserve interest rate cut in July are now nearly gone. Even a September cut is starting to look uncertain.
Crypto markets reacted quickly. When rate cuts get delayed, it hurts short-term momentum in the market.
$So, consider reducing risky positions or taking some profits. It’s smart to hold more cash or stablecoins so you’re ready to buy if prices drop further.
In short: be patient, stay informed, and use this time to plan your next move, not chase short-term volatility.