U.S. payroll growth slowed sharply in June, with only 57,000 jobs added

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The U.S. payroll growth slowed sharply in June, with only 57,000 jobs added, a significant decrease from the expected 225,000 jobs. This morning's data could slow market expectations for a Fed rate hike as soon as this summer or early Fall, potentially affecting the US dollar's value and impacting cryptocurrency markets, particularly those sensitive to inflation.