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The best coins to buy right now in the dip are $ETHFI and $PHB because as the SEC approved eth ETFs most probably if not now there is going be a big up trend in $ETH 2-layer based projects For now its according to my opinion at its lowest and its best time to buy $ethfi because it has strong fundemtal and is very high risk to reward ratio as everyone know that eth based projects are going to pump The second coin $phb is also in also in list of my coins because its an Ai based coin and we all know that the curremt narrative is Ai and for now its at its lowest so buy it now maybe tommorow its price surge However do your own research. #ETHETFsApproved #PHBbullish #ethfipriceprediction

The best coins to buy right now in the dip are $ETHFI and $PHB because as the SEC approved eth ETFs most probably if not now there is going be a big up trend in $ETH 2-layer based projects

For now its according to my opinion at its lowest and its best time to buy $ETHFI because it has strong fundemtal and is very high risk to reward ratio as everyone know that eth based projects are going to pump

The second coin $PHB is also in also in list of my coins because its an Ai based coin and we all know that the curremt narrative is Ai and for now its at its lowest so buy it now maybe tommorow its price surge

However do your own research.

#ETHETFsApproved #PHBbullish

#ethfipriceprediction

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Investors enter risk-off mode after higher-than-expected U.S. jobs data The crypto market was turning down for the second day on June 7 as market participants reacted to stronger than expected U.S. employment data, which vastly beat expectations to suggest that the labor market was coping with tight fiscal policy better than forecast. On June 7, the U.S. Labor Department reported the addition of 272,000 jobs in May, far past estimates of just 185,000 and significantly higher than April's 165,000. In May, the unemployment rate grew to 4.0% for the first time since January 2022, versus estimates for 3.9% and April's 3.9%. This latest employment data reading has potentially pushed back the odds of the Federal Reserve lowering interest rates — a key prerequisite for a liquidity influx into risk assets and crypto. The Federal Open Market Committee (FOMC) is due to meet on June 12 to discuss rates, with markets now seeing little prospect of a cut resulting from the next two such meetings. According to the CME FedWatch tool, traders are placing the odds of a June 12 rate cut at just 0.6% and July 31 at 8.88% at the time of writing versus 46% for September and 47.4% for November. Advertisement Trade smart with Markets Pro instant alerts. Claim your 65% discount now! Ad Target rate probabilities for June 18, 2024 Fed meeting. Source: CME This outlook is adversely affecting risk-on assets such as cryptocurrencies, emerging market stocks, bonds and even commodities. Bloomberg Chief Economist Anna Wong commented on the data saying that the rise in the unemployment rate is the more important indicator of the reality of the state of employment in the country. “We believe the latter currently offers a closer approximation of reality than payrolls, as BLS’ model for estimating business births and deaths – which added 231,000 jobs to the nonfarm-payrolls print in May – is lagging the reality of surging establishment closures and falling business formation. We think the underlying pace of current job gains is likely less than 100,000 per month.”
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