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US Nonfarm Payrolls Estimated at 85K, Will Cooling Jobs Data Boost Fed Rate Cut Hopes & Bitcoin?

  • Jun 5, 2026
US Nonfarm Payrolls Estimated at 85K, Will Cooling Jobs Data Boost Fed Rate Cut Hopes & Bitcoin?

Wall Street estimated US nonfarm payrolls at 85K, indicating cooling US jobs data after months of job gains. Moreover, the US unemployment rate is projected to hold steady at 4.3%.

While retail and

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