Jul 1, 2026 4:06 PM
The narrative that a cooling labor market is a "liquidity tailwind" for Bitcoin is failing. Despite private-sector hiring missing expectations, Bitcoin remains flat and down 17% this month. Even worse, markets are now pricing in a potential rate hike rather than a cut, completely flipping the script on the easing cycle bulls were counting on. With record ETF outflows of $4.5 billion, is the "bad news is good news" era for crypto officially over? Or are you still betting on a pivot?
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