Deribit's head of Asia Pacific commerce: Newly released employment data confirms a weak labor market, further raising expectations for interest rate cuts

Lin Chen, head of Asia Pacific commerce at Deribit, said in a social media post that the newly released employment data proves that the labor market is weak, and expectations of interest rate cuts are further raised. Macro positive risk assets, and the price of BTC will rise immediately. New employment data and inflation data will be released in the next few weeks, and it is likely that there will be further positive news in June.