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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.

The U.S. jobs report for August was released Friday morning (Unsplash)
The U.S. jobs report for August was released Friday morning (Unsplash)