Layer2Arbitrageur
The data just released by the U.S. Department of Labor has shocked the market—November's unemployment rate suddenly jumped to 4.6%, up 0.4 percentage points month-on-month. It may seem like a small fluctuation, but for those in the know, this is already a significant signal of economic cooling.
Why should the crypto world pay close attention to this data? Simply put, the unemployment rate directly influences the Federal Reserve's decision-making approach. Weakening data is like hitting the fast-forward button on rate cuts. The market is now betting on one thing: the era of high interest rates
Why should the crypto world pay close attention to this data? Simply put, the unemployment rate directly influences the Federal Reserve's decision-making approach. Weakening data is like hitting the fast-forward button on rate cuts. The market is now betting on one thing: the era of high interest rates
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