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You're in for an intense few hours! Markets are definitely going to be on edge with those events lined up.
Unemployment Data: If it's weaker than expected, the market might price in rate cuts sooner, potentially bullish for risk assets like crypto. If it's strong, rate cuts could be delayed, leading to some short-term turbulence.
Powell's Speech: His tone will be key—if he hints at a dovish stance (rate cuts sooner), markets could rally. A hawkish tone (keeping rates higher for longer) might cause a pullback.
Trump Speech & Summit: Political uncertainty can bring added volatility, especially if any major economic or regulatory policies are hinted at.
If you're positive about crypto, it sounds like you expect a bullish reaction overall. Just be ready for some whipsaw price action! Are you trading this live, or just observing for now?
#TrumpCongressSpeech
#TrumpCryptoSupport
#TRUMP
#WhiteHouseCryptoSummit