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cover of episode The Five Most Important Stories in Crypto Last Week [Pre-Election Edition]

The Five Most Important Stories in Crypto Last Week [Pre-Election Edition]

2024/11/3
logo of podcast The Breakdown

The Breakdown

Chapters

The discussion revolves around the unexpectedly low job numbers in the U.S. economy and their potential impact on the upcoming election, as well as the implications for the Federal Reserve's monetary policy.
  • U.S. economy added only 12,000 jobs in October, significantly lower than expected.
  • The Federal Reserve may use these low numbers as justification for another interest rate cut.
  • Market reactions to economic data are complex and often influenced by broader political and economic contexts.

Shownotes Transcript

NLW and Scott Melker chat live on 11.1.24 to discuss the most important stories in crypto this week, including Saylor's big buy, BTC stuck at $70k, and more.

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