Latest employment data points to steady claims on unemployment benefits while consumer spending continues climbing. The economic backdrop remains crucial for crypto markets—macro trends like labor market stability and consumer activity can shift investor risk appetite and capital flows. Track these employment trends and spending patterns; they often precede broader market moves.
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ForkItAllDay
· 10h ago
Employment data remains stable, and consumption continues to rise... sounds good on a macro level, but the crypto community still only looks at the Federal Reserve's stance, really
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OldLeekConfession
· 10h ago
I'm just worried that the crypto circle's bandwagon guys are starting to hype up macroeconomic data again. The last time about the unemployment rate hasn't even finished yet.
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ruggedNotShrugged
· 10h ago
Employment data remains stable, consumption is still soaring... Can this really predict the next move in the crypto market?
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AllTalkLongTrader
· 10h ago
Employment data remains stable, and consumption is still increasing. In this macro environment, can the capital flow in the crypto circle not be tight? Looking forward to the upcoming market trend.
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nft_widow
· 10h ago
So, does that mean if macro data looks good, I should follow the trend and buy the dip? I feel like every time they say that, the price moves in the opposite direction...
Latest employment data points to steady claims on unemployment benefits while consumer spending continues climbing. The economic backdrop remains crucial for crypto markets—macro trends like labor market stability and consumer activity can shift investor risk appetite and capital flows. Track these employment trends and spending patterns; they often precede broader market moves.