BTC has lost a lot of money this time, with both long and short positions exploding, rising by 1,000 and then plummeting by 1,200.
May I ask if this wave is just to give the cryptocurrency world a boost? ?
The unemployment rate in the United States in May was 4%, expected to be 3.9%, and the previous value was 3.9%. The change in non-farm payrolls in the United States in May was 272,000, expected to be 180,000, and the previous value was 175,000. After the release of the non-farm data in the United States in May, the three major stock index futures of the U.S. stock market plummeted.
The expectation of rising prices was dashed, and the interest rate cut is estimated to be postponed again. However, the unemployment rate data is still good.
As soon as the news came out, non-farm payrolls far exceeded market expectations. The news was good for the US dollar and bad for the cryptocurrency world. The bitcoin market saw a spike of more than $1,200. The bitcoin market has begun to close with a negative needle. Even if it has a needle, this needle is too small! 🌝
For BTC, it is a normal fluctuation, and the bulls are still strong!
