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Crypto Struggles After Soft Jobs Report...
Will the Fed Step In? 🪜
With weaker-than-expected data and sharp revisions, markets are rethinking the “higher-for-longer” narrative. Bond yields dropped, the dollar slipped, and the Fed may finally have cover to pivot.
“This gives the Fed room to cut without appearing to cave to political pressure,” said Greg Magadini, Director of Derivatives at Amberdata, in an interview with @benzingacrypto.
Read the full @Benzinga article by @murtuza_merc:

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