US Non-Farm Payrolls Drop to 57k, Bitcoin Consolidates Amid Fed Uncertainty
2026-07-03 15:38

Woofun AI reports that the U.S. added 57,000 non-farm payroll jobs in June, falling short of expectations, while the unemployment rate dropped to 4.2%. This mixed data has reduced market expectations for further Federal Reserve rate hikes, though inflation remains above target. San Francisco Fed President Daly maintained that policy stays slightly restrictive, while political pressure from Trump regarding Fed leadership adds uncertainty. Consequently, Bitcoin continues to consolidate within a range, with traders awaiting clearer macroeconomic catalysts and shifts in global liquidity.

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Bitcoin
Daly
Trump
Bitunix
BlockBeats
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