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ADP Non-Farm Employment Change Misses Expectations; Bitcoin Steady Ahead of FOMC Meeting | Flash News Detail | Blockchain.News
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7/31/2024 1:04:36 PM

ADP Non-Farm Employment Change Misses Expectations; Bitcoin Steady Ahead of FOMC Meeting

ADP Non-Farm Employment Change Misses Expectations; Bitcoin Steady Ahead of FOMC Meeting

According to CryptoMichNL, the ADP Non-Farm Employment Change came in at 122,000, falling short of the expected 147,000. This negative miss has been a recurring trend. The U.S. Dollar Index (DXY) has declined, while Bitcoin remains unchanged. The market is now anticipating the FOMC meeting tonight, which may provide news regarding potential rate cuts.

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Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast