Friday’s non-farm payrolls data showed the U.S. economy added 272,000 jobs in May, way more than the 185,000 estimated and well ahead of April’s downwardly revised 165,000. While the jobless rate ticked higher to 4%, average hourly earnings, the sticky inflation component, rose 0.4% month-on-month, above the expectation of a 0.3% rise.
Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs
Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows. Source...