Hiring slowdown could be great for bitcoin (BTC) — unless wages spoil the party
Friday’s U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March’s 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters. At first glance, weaker hiring data appears supportive for bitcoin...
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