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**21Shares Says June Payroll Surprise Sets Soft-Landing Stage That Could Catalyze Bitcoin Beyond $200K**
In a recent research note, Matt Mena, crypto research strategist at 21Shares, has predicted that the unexpected June payroll surprise will set the stage for a soft-landing scenario. This development could potentially catalyze Bitcoin’s price beyond $200,000.
According to the Labor Department’s latest report, non-farm payrolls increased by 147,000 in June, exceeding consensus estimates of 110,000. The unemployment rate fell from 4.2% to 4.1%, which is below the projected 4.3%.
Source: cryptoslate.com
