The generally expects the unemployment rate rate to to remain at 4.2%, with non-farm-employment adding 125,000 to 130,000 (previous value ,000), and hourly wages increasing by 0.2% to 0.3%.
According to The Block report , Bitfinex analysts believe that the Bit bull market is related to Fed's early rate cut expectations. If employment data is weak, inflation slowdown view strengthens, and the Fed's rate cut may be advanced.
"In this scenario, if Bit maintains support at $105,,000, it challenge may challenge $120,000 to $125,000 in June."
, conversely, strong data might delay rate cuts a strong US dollar will suppress Bit.
Bitfinex warns that price to price could explore down to000, with the $95,000 to $97,000 range potentially becoming an accumulation zone. According to the a://Watch CME FedWatch tool, the market expects expect interest rates (425-450 basis points) to remain unchanged by late July, with>
ETF Fund Ebb? BtoRResearch analystentin ValFournier takes a conservative view, pointing out that the market has accumulated bearish signals: US spot crypto ETF fund inflows have deteriorated - Wednesday's Bit ETF inflows dropped dropped from $375 million to $87 000 , and Ethereum ETF also nearly halved to $57 million showing weakening momentum.
Recent crypto enterprise enterprise financing is notable: Solana ecosystem project Pump.fun plans to raise $1 billion, funding Circle over $1at a $6.9 billion valuation, and Kraken is reportedly reportedly preparing for an IPO.
"This could be enterprises taking advantage of high valuaging high valuor a typical signal that insiders expect slowing growth and price decline."
Historicallyicall, Rate Cut Nourishes Bit To historically, cuts Fed rate to Rate cuts market liquidity, drives funds towards risk assets, and a weaker dollar dollar enhances Bit's value storage appeal. During past loose monetary cycles, Bit often saw significant increases.
However, long-term macro-economics, Bit adoption regulatory developments are key. Many institutions optimistically that by end of 2025, Bit could reach $120,000 to $250,000, benefiting from monetary policy shift, accelerated institutional,ro.
