Larry David’s Take on Bitcoin’s Labor Day Woes 🤷♂️
The week starts with the JOLTS job openings report on Wednesday. Economists predict it’ll stay around 7.4 million, but who really listens to economists, right? If the labor market stays strong, the Fed might not feel the need to cut rates, which could strengthen the US dollar and, in turn, make life harder for Bitcoin and other risk assets. It’s like the Fed is playing a game of chicken with the market, and we’re all just sitting here waiting to see who blinks first. 🕵️♂️

