Trump Calls U.S. Jobs Report "RIGGED" as Markets React.
Former U.S. President Donald Trump has fired the head of the Bureau of Labor Statistics after a shockingly weak July jobs report: only 73,000 jobs added, with revisions slashing May–June by 258,000.
Trump claimed the data was “rigged to make Republicans—and me—look bad,” though no evidence supports this allegation. Markets responded swiftly: the S&P 500 fell ~1.6%, Nasdaq dropped ~2.2%, and expectations for a Fed rate cut in September jumped.
Crypto? Expect heightened volatility—traders watching #BTC and #ETH closely as macro uncertainty spikes.