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U.S. added just 29,000 jobs in September. with unemployment rate rising to 4.2%

Published Source: CoinDeskRead original

Crypto Insight Summary: Ahead of the report, traders were pricing in only a 23% of a second Fed rate hike at the U.S. central bank's policy meeting later this month. Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Weak jobs data reduces likelihood of immediate rate hikes, boosting risk assets.

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U.S. added just 29,000 jobs in September. with unemployment rate rising to 4.2% — Crypto Insight