U.S. unemployment rate comes in at 3.7%, Bitcoin holds $27K 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.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
