The U.S. unemployment rate in July was 4.3%, the highest since October 2021, which is good for the cryptocurrency circle

The U.S. non-farm payrolls in July were 114,000, lower than the expected 175,000, which is good for the cryptocurrency circle

There are more unemployed people and the economy is declining, so the Fed will cut interest rates in advance

It is conducive to a rate cut in September

BTC has been hit down after 3 consecutive pins, why?

The rate cut is good, but it cannot stop the two short-term negatives:

(1) The major conflict between Israel and Iran

(2) Mt. Gox token release #美国7月非农就业增长放缓 #美国政府转移BTC #BTC☀