1 million new jobs were created in the United States, and risk-favorable positions were affected by this: US cryptocurrency journal
Source: CoinWorld
Time: 2025-09-10 19:25:20
The U.S. Bureau of Labor Statistics cut its annual employment growth data to March by nearly 1 million, raising questions about labor market strength and past risk-favored transactions. Bitcoin trading exceeded $112,000 driven by Fed rate cut expectations, despite risks in upcoming inflation data and tightening of liquidity. As market sentiment turned bearish, altcoins such as MNT and PYTH led the gains. The total locked value of real-world asset agreements (TVL) is currently over $15 billion.