Major positive news! ! Positive news! !

The September rate cut has another positive news! How to say it

The speeches of three Fed officials have aroused widespread market attention to the September rate cut. And the data adjustment of the US Bureau of Labor Statistics, this is undoubtedly stimulating the market. $BTC broke 60 again, and $ETH even posted on Vitalik, and rose nearly 80U under crazy Amway. At present, the positive news is completely greater than the negative news!

Three Fed officials hinted at the possibility of a rate cut on the same day. This consistent speech built momentum for the speech of Fed Chairman Powell and released a signal of a rate cut. It also shows that there is a strong consistency within the Fed on the direction of future monetary policy. The warming of expectations for rate cuts will lead to a sharp rise in the currency circle.

Then the latest Bureau of Labor Statistics data showed that the US economy performed strongly in many aspects. In the first quarter of 2024, the average weekly wage in the United States increased to US$1,527, a year-on-year increase of 4.2%. In addition, the average weekly wage in 357 of the 369 largest counties in the United States increased year-on-year, reflecting a general increase in wages. And of these 369 counties, 300 counties saw an increase in employment. The number of employed people nationwide increased to 153.6 million, an increase of 1.3% year-on-year.

These data show that despite the data adjustments, the overall job market and wage levels are still growing. This positive economic data helps push the prices of assets such as $BTC , which is a completely positive signal for the market. Judging from the data of QCEW (quarterly employment and wage data), there is no sign of recession yet, and Bitcoin returning to 70 is no longer a dream! !

In addition, I am very optimistic about the project @CARV recently

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