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M country’s April jobs report & unemployment rate data will be released tonight—these two are “barometers” for U.S. Fed policy:
Non-farm payrolls expected: 62k; previous: 178k. If the data comes in below expectations, rate-cut expectations will heat up, which will most likely bring short-term upside for crypto assets like “large pancakes” and other cryptocurrencies.
Unemployment rate expected: 4.3%. If it’s higher than expected, it will also reinforce expectations for easing; otherwise, it will weigh on the market.
Tonight’s volatility will be amplified—watch your risk control #比特币跌破8万美元 $BTC .