Job Data later this week!
2025-01-05
Category: None

You should be preparing for the 2 big macro events coming up this week!

On Tuesday at 10 am ET, the US JOLTS job openings data will be released.

Also, on Friday at 7:30 am ET, the US Non-Farm Payrolls data will be released.

These job data reports are crucial for deciding how the FED will cut interest rates in 2025.

If these data points are less than expected this is bullish for crypto because:

Fewer jobs = Weaker economy = Lower interest rates =  CRYPTOCAP:BTC   rally. (1)

Otherwise,  CRYPTOCAP:BTC  may be bearish in the short term until Trump's inauguration. (2)

Either way we are going higher after Jan 20th, so just prepare now!