Kraken Institutional(@KrakenInsto):Tomorrow's jobs report matters for crypto. Any sense of a stronger-than-expected economy → markets price in the Fed hiking or holding longer → higher short-term rates. Consensus is +115k NFP (monthly jobs), 4.3% unemployment. Any meaningful move higher in rate expectations may be bearish for crypto in the near term. Kraken Institutional team keeps an eye on macro markets. More to come tomorrow.

Kraken Institutional

@KrakenInsto

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Kraken Institutional@KrakenInsto

2026.07.01 22:20

Tomorrow's jobs report matters for crypto. Any sense of a stronger-than-expected economy → markets price in the Fed hiking or holding longer → higher short-term rates. Consensus is +115k NFP (monthly jobs), 4.3% unemployment. Any meaningful move higher in rate expectations may be bearish for crypto in the near term. Kraken Institutional team keeps an eye on macro markets. More to come tomorrow.