
Unemployment rate stays at historic lows, Bitcoin jumps 1.5%
Unfolding U.S. data reveals unexpected rise in Bitcoin amidst stable unemployment rate.
Quick Take
Data from Zerohedge on U.S. data
- June nonfarm payrolls 209K, Exp. 230K, Last 339K
- Unemployment rate 3.6 %, Exp. 3.6%, Last 3.7%
- Average hourly earnings 0.4%, Exp. 0.3%, Last 0.4%
- Average weekly hours all workers 34.4, Exp. 34.3, Last 34.3
- Bitcoin up 1.3%, $30,300

Latest Insights
Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
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.
More about Bitcoin