Bitcoin

Beyond headline unemployment data, the 100% surge in applicant-to-job ratios reveals hidden economic stress as companies like Next preemptively shrink entry-level pipelines. This aligns with the Fed's 'higher for longer' stance but contradicts Wall Street's Q3 growth expectations, suggesting the crypto market may be underpricing near-term macro risks despite current bearish sentiment.

Lord Wolfson announced that Next now receives double the number of applicants per role compared to two years ago.