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How Does the May Jobs Report Impact the Crypto Markets?
The U.S. economy added 339,000 jobs in the month of May, with the unemployment rate rising to 3.7%, according to data from the Bureau of Labor Statistics (BLS). "First Mover" breaks down what the jobs data could mean for the crypto markets.
Bitcoin Little-Changed as U.S. Adds 253K Jobs in April
The U.S. added 253,000 jobs in April, up from a downwardly revised 165,000 in March and ahead of economist forecasts for 180,000, according to a report from the Bureau of Labor Statistics (BLS). CoinDesk Senior Markets Reporter of Asia Sam Reynolds explains how to interpret this latest economic data amid lingering inflation concerns and recent turmoil in the banking sector.
Bitcoin Hits 9-Month High as U.S. Inflation Slowed to 6% Annual Rate in February
Bitcoin (BTC) broke above $26,000 after the latest report from the Bureau of Labor Statistics (BLS) showed U.S. inflation dropping to 0.4% from 0.5% in January, slowing to 6% on a year-over-year basis. “The Hash” panel discusses the impact of the cooling inflation on crypto markets.