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🚨 BTC’s biggest test this week isn’t Waller. It’s Friday’s Nonfarm Payrolls.
Don’t let one hawkish speech scare you out of the market just yet. The real answer comes this Friday.
The US labor market has been cooling across multiple indicators. JOLTS, ADP, and initial jobless claims have all pointed in the same direction.
July payrolls already fell by 23,000, while May and June employment numbers were revised down by a combined 103,000.
#DailyOrbit
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