Crypto's Got the Reversal Engine Roaring!
Forget the surprise! Bitcoin's ETF is overflowing with cash, and job openings are drier than a desert (think lowest since April 2021). This last bit is a game-changer for interest rates.
Here's the twist: weaker jobs often mean lower rates. That's like catnip for DeFi and Ethereum, setting the stage for an altcoin explosion. Imagine a crypto version of the dot-com boom!
The market's already feeling the shift, hence the reversal. This reliance on big-picture economic data shows crypto is growing up - becoming a respectable asset Class.