๐ Hold onto your hats, crypto fans! Friday's U.S. nonfarm payrolls report might be a snoozer, but it could be just what Bitcoin needs! ๐๐๐
1. ING analysts are hinting at a weaker payroll number, which might just be the ticket for a Fed rate cut. Lower rates = higher crypto potential! ๐ธ
2. Expected job growth is down to 185k from June's 206k, with the jobless rate steady at 4.1%. Wage growth? Slowing to 3.7%. Yawn. ๐ด
3. A weaker dollar could boost demand for risk assets like Bitcoin. BTC already bounced from $62,200 to $64,500! ๐
What do you think? Moon or bust? ๐โฌ๏ธ๐ฌ