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

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.

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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.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

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