Hey everyone,
Here is this week’s video.
Video Highlights:
- Nonfarm payroll jobs numbers were +22,000 for August. The government revised down -911,000 jobs created from April 2024 to March 2025.
- This pressure positions the Fed to consider 0.50% interest rate cut instead of a 0.25% rate cut during their next meeting on 9/17. This will be inflationary but could be the catalyst to take crypto higher.
- Crypto is still consolidating (moving sideways). Traders are waiting for the Fed’s guidance next week.
