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Yevhen
@applestar
⚪ Nonfarm Payrolls: Eyes on Private Sector Hiring ➖ Wednesday, December 4, brings the ADP National Employment Report, offering a preview of November’s private-sector hiring numbers ➖ October’s shockingly low 12,000 job additions rattled markets, signaling the economy might be slowing faster than expected ➖ If hiring remains weak, it could pave the way for the Federal Reserve to cut interest rates sooner rather than later ➖ Lower rates often boost risk-on assets like Bitcoin and Ethereum, making this data point a critical one for crypto traders 🧵 4/8
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