US Job Cuts Just Plummeted: What This Means for $BTC šŸ“‰

The latest US Challenger Job Cuts YoY figure came in at a massive -8.3%, a huge swing from the previous 23.5%. This signals a significant cooling in the labor market, which is a major factor for the Fed's next move. Less hiring pressure often translates to a more dovish outlook, potentially easing pressure on risk assets like $ETH. Keep your eyes glued to the macro data flow this week.

#MacroCrypto #FedWatch #JobReport šŸ§

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