This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.

U.S. unemployment rate comes in at 3.7%, Bitcoin holds $27K

U.S. unemployment rate was forecasted to come in at 3.5% but came in 3.7%

Quick Take

  • The U.S. unemployment rate broke the expected 3.5%, coming in at 3.7%.
  • May nonfarm payrolls were projected at 190,000, but instead came in at +339,000.
  • The data above shows a robust and resilient job market.
  • Bitcoin traded at $27,000, slightly down by the spike in unemployment.
BTCUSD: (Source: TV)
BTCUSD: (Source: TV)