Although the US employment report was weaker than expected, the total market capitalization of cryptocurrencies remains stable above $3 trillion, indicating that labor data alone is insufficient to determine short-term trends. The market response is muted, highlighting that investors are generally cautious and are currently focusing on upcoming inflation data and Federal Reserve speeches to gain clearer signals on monetary policy and liquidity conditions.
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Although the US employment report was weaker than expected, the total market capitalization of cryptocurrencies remains stable above $3 trillion, indicating that labor data alone is insufficient to determine short-term trends. The market response is muted, highlighting that investors are generally cautious and are currently focusing on upcoming inflation data and Federal Reserve speeches to gain clearer signals on monetary policy and liquidity conditions.