The August US non-farm employment data exceeded all institutional survey expectations.
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U.S. August job growth exceeded expectations, with the unemployment rate holding steady at 4.1%, indicating the labor market is more robust than previously forecast. Data released Friday by the U.S. Bureau of Labor Statistics shows that, following upward revisions to the prior two months' figures, nonfarm payrolls rose by 162,000 last month, a figure that surpassed all expectations from institutional surveys.
U.S. stock market opening sees crypto-related stocks fall broadly, with HOOD down over 1% and AMC’s gains narrowing sharply.
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WTI crude oil’s intra-day decline widened to 2%.
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After the US stock market opened, Bitcoin accelerated its decline, briefly dropping below $79,000.
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Trump: Jobs data defied all expectations—except mine.
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New meme coin Stonks on BSC hits $2.5 million market cap in just one hour post-launch.
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US stock markets will be closed next Monday, with trading in gold, silver and oil ending early.
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Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
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A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
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When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
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