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ETH Defies Gravity as U.S. Jobs Boom Sends S&P 500 and Nasdaq to All-Time Highs

ETH Defies Gravity as U.S. Jobs Boom Sends S&P 500 and Nasdaq to All-Time Highs

Author:
CoindeskEN
Published:
2025-07-03 20:42:38
9
2

ETH Holds Firm as Strong U.S. Jobs Data Lifts S&P 500 and Nasdaq Composite to Record Highs

Ethereum holds steady while traditional markets party—proving crypto's got a pulse even when Wall Street steals the spotlight.

Digital gold or deadweight? ETH's resilience amid a risk-on rally raises eyebrows. No double-digit pumps, no panic dumps—just stubborn consolidation while the S&P and Nasdaq print record highs.

The irony alert: Strong jobs data typically spells trouble for risk assets. Not this time. Traders are snorting hopium that the Fed might actually stick a soft landing—and ETH's not budging an inch.

Cynic's corner: Meanwhile, your financial advisor still thinks blockchain is something you use to secure a bicycle. Priorities.

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