⚠️ Unemployment

Now a report has been released that is quite important for the markets, which directly affects the rigidity of monetary policy from the Fed.

The non-agricultural sector showed significant growth, and wages also increased. The dollar index reacted quite strongly

Despite the fact that the relative unemployment rate turned out to be higher than expected, this time the market gave preference to absolute figures

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• Why is that bad? Employment growth for the Fed is a strong signal that high rates will be maintained longer than expected, which negatively affects the global money supply, which in turn is directly proportional to market capitalization

This will NOT affect the medium-term $BTC situation, it will simply delay the inevitable somewhat. Of course, it would be better if all forecasts were made on the market side, but sometimes this happens #Bitcoin #AltcoinBoom! #solana #altseason #altcoins❗️