Deribit Asia Pacific Business Director: Newly released employment data proves the weakness of the labor market and further increases expectations of
Deribit Asia-Pacific Business Director Lin Chen stated on social media that the newly released employment data proves that the labor market is weak, further raising expectations of interest rate cuts, which is beneficial for risk assets in macro terms and will immediately boost the price of BTC. New employment and inflation data will also be released in the coming weeks, and there may be further positive news in June.
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