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US Jobs Report Beats Forecasts, Adding Pressure on Crypto and Tech Stocks

US Jobs Report Beats Forecasts, Adding Pressure on Crypto and Tech Stocks

BearishBeInCrypto

The US economy added more jobs than expected in May, reducing hopes that the Federal Reserve will soon ease monetary policy. The data could add fresh pressure on crypto markets and high-growth US stocks, which are already sensitive to interest-rate expectations.

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The original article is written in English.