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#Write2earn U.S. Adds 272,000 Jobs in May; Unemployment Rises to 4% as Bitcoin Prices Slip #USemployementRates #USmarketRtaes #BitcoinAnalysis #UnemployementRates $BTC $ETH The latest U.S. employment data shows 272,000 jobs added in May, exceeding expectations, but the unemployment rate rose to 4%, causing Bitcoin prices to slip. Key Points: Job Growth: 272,000 jobs added in May, up from 175,000 in April. Unemployment Rate: Increased to 4% from 3.9%. Wage Growth: Hourly wages rose 0.4% in May, after a 0.2% rise in April. Market Reaction: Strong job growth tempered hopes for Federal Reserve rate cuts. Bitcoin dropped from $72,000 to $70,875.25 after the report. U.S. 10-year Bond Yield rose to 4.421%, and the U.S. Dollar Index increased to $104.630. Future Outlook: Investors are now focused on upcoming inflation data and the Federal Reserve's interest rate decision. The mixed job report has created a complex economic picture, impacting both traditional and crypto markets.

#Write2earn


U.S. Adds 272,000 Jobs in May; Unemployment Rises to 4% as Bitcoin Prices Slip

#USemployementRates #USmarketRtaes #BitcoinAnalysis
#UnemployementRates
$BTC $ETH



The latest U.S. employment data shows 272,000 jobs added in May, exceeding expectations, but the unemployment rate rose to 4%, causing Bitcoin prices to slip.

Key Points:

Job Growth: 272,000 jobs added in May, up from 175,000 in April.

Unemployment Rate: Increased to 4% from 3.9%.

Wage Growth: Hourly wages rose 0.4% in May, after a 0.2% rise in April.

Market Reaction:

Strong job growth tempered hopes for Federal Reserve rate cuts.

Bitcoin dropped from $72,000 to $70,875.25 after the report.

U.S. 10-year Bond Yield rose to 4.421%, and the U.S. Dollar Index increased to $104.630.

Future Outlook:
Investors are now focused on upcoming inflation data and the Federal Reserve's interest rate decision. The mixed job report has created a complex economic picture, impacting both traditional and crypto markets.



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