MASSIVE DOWNWARD REVISION IN NFP: -258K

MAY NFP REVISED DOWN TO +19k FROM 144K

JUNE NFP REVISED DOWN TO +14K FROM 147K

*UNEMPLOYMENT RATE 4.248%, HIGHEST SINCE OCTOBER 2021

*Accounting for the big downward revisions to the past two months, payrolls have risen by just 35,000 on average over the last three months. That is certainly the weakest pace of hiring since the onset of the pandemic in 2020.

*Fed is in a similar spot as last year - held steady in July, then panicked after bad August jobs data & over-corrected in September by cutting rate, Now they've got tariffs added to equation complicating things.

*TRUMP ORDERS TWO NUCLEAR SUBMARINES IN REGIONS NEAR RUSSIA IN RESPONSE TO 'PROVOCATIVE STATEMENTS' BY MEDVEDEV

JUST IN: 🇺🇸 $1.11 trillion wiped out from US stock market today.

@WatcherGuru

In their latest earnings calls, Visa and Mastercard stated that current stablecoin usage remains negligible and insufficient to challenge their dominant position in the payments market. This scale of stablecoin usage is far lower than Visa's annual transaction volume of $15 trillion. They also emphasized that such assets are more suitable for markets in countries with unstable fiat currencies. — link

pump chart is holding really well, starting to think that it might be one of the green charts in the coming chop (short term)

sellers are out of coins and any form of good news/relief should help the chart