US Job Cuts Just Plummeted: What This Means for $BTC 📉

The latest US Challenger Job Cuts YoY figure came in at a massive -8.3%, completely crushing the previous reading of 23.5%. This signals a significant cooling in the labor market, which is huge for crypto sentiment. Less aggressive hiring usually means less pressure on the Fed to hike rates, potentially paving the way for better liquidity conditions across the board. Keep a close eye on how $ETH reacts to this shift in macro narrative.

#MacroCrypto #JobData #MarketShift 🧐

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