The cryptocurrency market liquidated positions of approximately $410 million after the release of unemployment data in the USA 🔪

In January, the rate decreased to 4.3%. This strengthens arguments in favor of maintaining a tighter monetary policy by the Fed for a longer period.

From a macroeconomic perspective, the signal is neutral, and in public statements, it is presented as confirmation of the economy's resilience. However, the market interpreted it through the lens of liquidity — expectations for easing may shift.

$BTC exited the consolidation range. If current sentiments persist, the next significant zone is around $62k.

$MYX $ZAMA