CoinGape
CoinPedia
CoinDoo
The most current report on nonfarm payrolls from the Bureau of Labor Statistics indicates that the United States added 517,000 jobs for the month of January. Although this is a much higher number than the previously reported 223,000 jobs in December, it’s much higher than the 118,000 jobs that economists had expected would be added. The unemployment rate has been reported to be 3.4%, which is significantly lower than the assumption that it would remain constant at 3.6%.
In minutes following the release of the unemployment news, the price of Bitcoin (BTC) remained unchanged at $23,353. With the headline number of 517,000 new jobs gained, the crypto market has slightly slid into the red zone as per Coingape’s crypto tracker.
This is a developing story and is being frequently updated.
The post Breaking: U.S. Unemployment Rate Falls To 3.4%; Crypto Market Turns Red appeared first on CoinGape.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks
