Cryptocurrency Market Experiences Major Retraction

The market saw a decline in response to the US Employment Situation Summary released on June 7. The report showed that 272,000 people were employed in the US in May, surpassing predictions. Despite this positive news, unemployment also went up from 3.9% to 4.0%, creating a mixed outlook on the economy’s well-being. While the growth in employment pointed to a robust labor market, the uptick in unemployment sparked worries. Stay updated on the latest technology news by visiting NEWSLINKER.