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🔴Average hourly wage (m/m).
• Actual: 0.2%
• Forecast: 0.3%
• Previous: 0.2%
🔴Change in non-farm employment.
• Actual: 115K
• Forecast: 65K
• Previous: 178K
🔴Unemployment rate.
• Actual: 4.3%
• Forecast: 4.3%
• Previous: 4.3%
Data for the USA turned out to be mixed for the crypto market. Wage growth was below expectations, reducing inflationary pressure and supporting expectations of a softer Fed policy. However, employment exceeded expectations, demonstrating the resilience of the US economy. This temporarily strengthens the dollar and limits the growth of BTC and altcoins.
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