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UnemploymentData
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🔶 This is bullish for #BTC and #crypto 🤑 The probability of a 50 BPS rate cut in September has jumped to 41%. 🔶 Now, the focus is on Friday when the #unemploymentdata will come 👀 ⬆️ If it comes higher than expected, a 50 BPS rate cut could happen. ⬇️ In case it comes lower than expected, a 25 BPS rate cut will happen.
🔶 This is bullish for #BTC and #crypto 🤑

The probability of a 50 BPS rate cut in September has jumped to 41%.

🔶 Now, the focus is on Friday when the #unemploymentdata will come 👀

⬆️ If it comes higher than expected, a 50 BPS rate cut could happen.

⬇️ In case it comes lower than expected, a 25 BPS rate cut will happen.
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