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Unemployment
A Pre-Consensus Lift Amidst Lingering Recession Whispers
Following weeks of turbulence, a shift in sentiment sparked a notable crypto rally coinciding with CoinDesk's Consensus conference in Toronto, creating an atmosphere of optimism and good vibes, says CoinDesk Indices’ Andy Baehr.
U.S. March Jobs Growth of 228K Blows Through 135K Forecast
Bitcoin has been showing very faint signs of resilience as markets tumble in response to tariffs.
Bitcoin Tops $100K After U.S. Added Fewer Than Forecast Jobs in January
The unemployment rate fell to 4%, rather than holding steady at 4.1%.
Bitcoin Is on Track to End the Week 14% Higher
Bitcoin (BTC) is on pace to end the week roughly 14% higher, despite dipping earlier Friday morning after the November U.S. jobs report. The U.S. economy saw stronger-than-expected job growth of 199,000 last month. The unemployment rate also beat expectations, dipping to 3.7%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
U.S. October Jobs Up 150K, Missing Forecasts for 180K; Bitcoin Remains Lower at $34.3K
Interest rates of late have fallen sharply across the U.S. yield curve as traders place bets the Fed is finished tightening monetary policy.
What the December Jobs Report Means For Crypto
The U.S. added 223,000 jobs in December, according to the Labor Department. That number is higher than economists predicted. The unemployment rate fell 3.5%, versus expectations that it would remain at 3.7%. "The Hash" panel discusses the data and what this means for the crypto markets.
