US Jobs Report Beats Forecasts, Adding Pressure on Crypto and Tech Stocks

BeInCrypto Editorial

(02:07 PM UTC)

1 min read

The US economy added more jobs than expected in May, reducing hopes that the Federal Reserve will soon ease monetary policy. The data could add fresh pressure on crypto markets and high-growth US stocks, which are already sensitive to interest-rate expectations.

Nonfarm payrolls rose by 172,000 in May 2026, while the unemployment rate held steady at 4.3%. The number of unemployed people fell by…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Comments