This morning's data could slow market expectations for a Fed rate hike as soon as this summer or early Fall. U.S. job growth slowed sharply in June, with 57,000 jobs added versus expectations for 110,000 and well below May’s revised 129,000 gain. The unemployment rate edged down to 4.2%, slightly better than forecasts and May’s 4.3% reading. Weaker labor data could cool expectations for aggressive Federal Reserve rate hikes in 2026, contributing to a drop in bitcoin prices after the report…
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