Crypto Markets Align With Macroeconomic Shifts: Jobs Data Sparks Debate on Rate Cuts

The US economy added 139,000 nonfarm payroll jobs in May, a figure that aligns with expectations but hints at a cooling labor market. Bitcoin reacted modestly to these indicators, reflecting an evolving dynamic where investors navigate economic uncertainty alongside growing crypto optimism. Meanwhile, the Clarity Act hearing highlighted ongoing political debate on regulatory clarity and presidential involvement in cryptocurrency.