To begin with, the US Average Hourly Earnings serve as a valuable indicator of the nation’s economic progress and the condition of the job market. When there is a rise in average hourly earnings, it typically signifies a strengthening economy and the potential for an increase in consumer spending. Consequently, the cryptocurrency markets could experience a positive impact since heightened consumer spending generally stimulates investment demand. Let us now examine the recently disclosed figures for US Average Hourly Earnings: Expected: 0.3% and Announced: 0.2%.
