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Insights
Unemployment rate stays at historic lows, Bitcoin jumps 1.5% Unemployment rate stays at historic lows, Bitcoin jumps 1.5%

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
BTCUSD: (Source:TV)
BTCUSD: (Source:TradingView)