🚀 Bitcoin (BTC) Stays Steady Amid US Employment Shake-Up! 🚀
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. 📉💸
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? 🌪️
Share your thoughts in the comments! 💬👇