The U.S. Unemployment Rate (Jul) will release tomorrow.

in H4LAB Research13 days ago

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Source: Investing.com

The Cons(Consensus) is 4.2%. If it's even a bit more, people will expect rate cuts this year, and the crypto market would be filled with green.

But as you know, the U.S. PMI(Purchasing Managers Index) is much higher than expected. That means.. the labor status of compnaies is active.

For now, the U.S. macroeconomy enters the final phase. It's like a heaven spiral. It may take 1~2 years.

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@happycapital, Coincido — y crypto siempre tiene algo nuevo para mostrar.