U.S. Unemployment Stays Steady: Crypto Market Remains Unmoved

The U.S. unemployment rate remained steady at 4.2% in May, offering a stable macroeconomic landscape. While this seemingly unnoticeable shift may impact crypto market sentiment, no immediate direct reactions have been observed across the sector. Analysts suggest that investors remain cautious as they monitor macro trends for wider economic signals. Notably, Bitcoin and Ethereum, traditionally influenced by labor data related to Federal Reserve policies, showed no noticeable correlation with this latest unemployment report.