Tonight’s Nonfarm Payrolls are slightly positive.



Employment is below expectations, and the market will first price in rate-cut expectations—bullish for risk assets.

But the unemployment rate fell, indicating employment hasn’t collapsed—so it’s not a “big bombshell.”

Next, focus on:
📅 July 8 — Fed meeting minutes
📅 July 14 — US CPI (inflation)
📅 July 15 — US PPI (producer inflation)
📅 July 28-29 — Fed interest rate decision

If inflation keeps falling and the Fed doesn’t turn hawkish, Bitcoin still has room to rise.
BTC2.67%
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