News Formal

US Bureau of Labor Statistics' Job Data Revision Could Spark Crypto Market Turmoil

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Upcoming NonFarm Payrolls revision could shake up crypto market more than any recent economic report

Next week, the U.S. non-farm payroll data for July 2024 is anticipated to be revised by the Bureau of Labor Statistics , which could have a revolutionary effect on the cryptocurrency.

However, more aggressive rate cuts earlier than anticipated could result from a weaker-than-expected job market.Shiba Inu Is Sleeping: When Will It Wake Up? Solana on Reversal Support, Is Bitcoin Finally Safe on $60,000?As investors reassess their plans, this change in expectations may cause a sell-off in risky assets like stocks and cryptocurrencies. This might cause volatility in cryptocurrencies like Bitcoin to rise.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 295. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Job seekers are sour on the cooling labor marketConfidence among job seekers is at a two-year low. While the labor market remains strong, there may be trouble if it continues to cool, economists said.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Why 'Ghost Jobs' Are a Bad Idea For Companies, According to ExpertsEmployers are sleuthing job seekers with fake job adverts.
Sumber: Newsweek - 🏆 468. / 52 Baca lebih lajut »