đ Bitcoin (BTC) Stays Steady Amid US Employment Shake-Up! đ
Bitcoin refused to budge at the Aug. 21 Wall Street open, despite a jaw-dropping revision in US nonfarm payroll figures. The US Bureau of Labor Statistics revealed an overstatement of 818,000 jobs from April 2023 to March 2024.
Why does this matter? A weaker jobs market could push the Fed to ease policies sooner, potentially benefiting crypto and risk assets. đđž
The US dollar dropped to its lowest levels of 2024, yet BTC stayed rangebound below $60K. Frustrating? Yes. But could this be the calm before the storm? đȘïž
Share your thoughts in the comments! đŹđ
