$BTC #USD up: #BTC and #gold down 🙄

Following news of rate cuts from the EU and Canada, markets began to seriously consider a more dovish Fed, but their optimism was quickly dampened by U.S. unemployment statistics, which remain low at 4%.

Low unemployment gives Powell a reason not to cut rates, but the most interesting moment will be June 12, when May inflation data will be released on the same day as the Fed meeting.