Bitcoin Price Holds Near $75,000 After Hot October Jobs Report
Photo: Bitcoin Magazine
U.S. employers added 165,000 jobs in October, nearly three times the 59,000 economists expected, the Labor Department said Friday, and the bitcoin price briefly pushed above $76,100 before settling near $75,500, Bitcoin Magazine Pro data shows. The unemployment rate edged down to 4.1% from 4.2%, beating the Dow Jones forecast that called for it to hold. Average hourly earnings rose 0.4% on the month and 3.1% over the year, both ahead of estimates, CNBC reported . Prior months were revised higher as well.
Also reported by TokenPost.
Source: Bitcoin Magazine
