📉 Market Watch: US Jobs Data Impacting Crypto Prices

📉 Over the weekend, weak jobs data from the U.S. triggered a sharp drop in stock markets, affecting crypto markets as well.
With inflation data and consumer sentiment reports due this week, the market may stay volatile. Historically, Bitcoin acts as a hedge against inflation, so disappointing inflation data could spark a rally for Bitcoin and Ethereum. On the flip side, better-than-expected economic performance might stabilize both traditional and crypto markets. 🌍

💼 Why It Matters: Keep an eye on inflation reports and sentiment data this week. These macroeconomic factors could set the tone for Bitcoin’s next big move.

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