According to CoinMeta, the United States lost 23,000 jobs in July, far lower than the expected 80,000, indicating a weak labor market for the second consecutive month. This could provide room for the Federal Reserve to keep interest rates unchanged amid high inflation. According to the government’s non-farm payroll report released on Friday morning, the U.S. lost 23,000 jobs last month, significantly less than the market consensus of 80,000, and a decrease from 20,000 jobs in June (after adjustment). The unemployment rate dropped to 4.1%, below the expected 4.2% and June’s 4.2%. The market reacted quickly, with U.S. stock index futures rising and interest rates falling. The crypto market responded calmly, with Bitcoin remaining around $65,000 during this trading session. According to CME FedWatch, interest rate traders estimate a 55% probability of the Federal Reserve raising interest rates next month.