Moody's warns: Federal Reserve may be forced to raise interest rates as inflation expectations rise sharply.

Market Pricing Shifts to a January Fed Rate Hike

Bitcoin slips further after strong U.S. jobs report; Zcash extends slump past 40%

Analysts: Non-farm payrolls data completely overturns the Fed's rationale for cutting interest rates.

Following the release of the non-farm payroll data, the market priced in further tightening of monetary policy by the Federal Reserve.

U.S. Bureau of Labor Statistics: Non-farm payrolls for March and April were revised upward by 93,000.

U.S. nonfarm payrolls increased by 172,000 in May, below the expected 85,000.

The US unemployment rate remained stable in May, in line with expectations.

BTC fell below 62,000 USDT, a 24-hour drop of 2.21%.

US non-farm payrolls in May exceeded expectations.