$BTC JOBS SHOCKER: Strong Labor Data Ignites Risk Rally 🚨
The market just got a macro surprise-and it flipped the script fast. The U.S. added 130,000 jobs in January, nearly double the 66,000 expected, while the unemployment rate dropped to 4.3% vs. 4.4% forecast. That’s not a cooling economy-that’s resilience.
The reaction was immediate. U.S. futures surged, signaling renewed confidence in growth. Gold slipped as safe-haven demand cooled. And in classic high-beta fashion, Bitcoin ripped $2,400 off today’s low, reclaiming ground near $68,000.
Stronger labor data shifts the narrative: recession fears ease, risk appetite rises, and capital rotates back into equities and crypto. The question now? Whether this momentum sticks-or if hotter data brings rate-cut expectations into question next.
Is this the spark for the next leg higher in risk assets?
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