๐จ US NFP Blowout Shocks Markets!
The latest US Non-Farm Payrolls came in HOT, with +130,000 jobs added vs ~70,000 expected, and unemployment falling to 4.3%. This confirms strong labor demand and a resilient economy.
Crypto reacted fast. Bitcoin jumped toward $67,120 after the strong jobs data, showing volatility as traders rethink Fed rate cuts.
๐ Strong NFP = stronger dollar and delayed rate cuts
โ ๏ธ This can create short-term pressure but also boosts long-term confidence
Traders should watch key BTC zones near $65K support and $70K resistance. Expect volatility but strong macro fundamentals remain bullish. ๐
