In the past, the crypto market did not seem to follow the rules and financial indicators. However, recently the red and green colors seem to be in sync with other financial markets.

The US stock market rallied in the trading session on Tuesday (June 4), as gloomy data on the job market reinforced the possibility that the Federal Reserve (Fed) would lower interest rates twice this year. . Crude oil prices continue to decline because investors fear the possibility of oversupply as OPEC+ begins to scale back a production cut plan this year.

The indexes rose after the latest data on the US labor market showed that the economy may be decelerating more sharply than expected. This makes many investors and economists believe that the Fed may reduce interest rates sooner and have two reductions this year.

I can see this information affecting the amount of money in my e-wallet. How about you?