Employment
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100
The unemployment rate fell to 3.5% versus forecasts for 3.6%.
U.S. Added 209K Jobs in June, Missing Expectations for 230K
The unemployment rate fell to 3.6% versus 3.7% in May and against expectations for 3.7%.
U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K
The strong print likely advances the case for the Fed to continue its string of rate hikes at its upcoming June meeting.
U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls
The unemployment rate fell to 3.4% versus forecasts for a slight rise to 3.6%.
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.
Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations
The unemployment rate rose to 3.6% against forecasts for it to hold steady at 3.4%.
Bitcoin Falls After 517,000 Jobs Added in January, Beating Expectations
The U.S. government also reported the unemployment rate fell to 3.4%, below the forecast of 3.6%.
US Adds 223K Jobs in December, Unemployment Rate Falls to 3.5%
Bitcoin was steady in the immediate aftermath of the report at $16,750.
US Added 261K Jobs in October, Topping Expectations for 200K
Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.
