US unemployment rate fell to 4.1% (4.2% was expected) from 4.2% in August. đ„đ„
US non-farm jobs added 254,000 new jobs in September (140,000 were expected). â
đFed Powell indicates further rate cuts can be expected đđ
This is good for risk-on markets as it reflects economic stability.
We should see a relief rally over the weekend.
Interestingly, this also coincides with the US election, which is on November 5.
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Historically, #Bitcoin makes a new ATH after halving in Q4 when the US election gets over.
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