Shocking 22k US jobs report fuels $113k Bitcoin as rate cut odds explode

Bitcoin rose above $113,000 on Friday as U.S. payrolls increased by 22,000 and the unemployment rate ticked up to 4.3 percent, pushing traders to price a September Federal Reserve rate cut with near certainty. Per the Bureau of Labor Statistics release, private employers added 38,000 jobs, government payrolls fell by 16,000 and manufacturing lost 12,000. Average The post Shocking 22k US jobs report fuels $113k Bitcoin as rate cut odds explode appeared first on CryptoSlate.