The U.S. labor market isn’t anywhere close to flashing red.
Yes, some data series are noisy or get revised, as they often do.
But step back and look at the trend: the unemployment rate is at 4.2% and has been stable for a year. That’s historically low, and it points to a strong, resilient job market.

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BitMEX co-founder Arthur Hayes has forecasted a sharp downturn for the crypto market, predicting that Bitcoin could fall to $100,000 and Ethereum to $3,000.
His warning follows a combination of macroe...

Will Bitcoin Fall to $100,000? Arthur Hayes Thinks So

XRP makes on-chain comeback thanks to solid growth in activity

1,300,000,000 in 24 Hours: XRP Skyrocket 60% in Key Metric

Two large Ethereum investors are seizing the recent market correction to increase their stakes in the asset.
In the first few days of August, the whale wallets collectively spent over $400 million on ...

Two Major Ethereum Whales Are Quietly Buying the Dip

Bitcoin doesn’t need and doesn’t want a deterioration of the U.S. economy and faster rate cuts.
Liquidity conditions are already excellent.
No alarms and no surprises would actually be the ideal situation moving forward.
Follow @ecoinometrics for more data-driven insights on Bitcoin and macro.