Bitcoin Holds Above $29,000 Following Mixed US Jobs Report – Where Next for the BTC Price?
The Bitcoin (BTC) price is holding within recent ranges to the north of the $29,000 level in the wake of the latest mixed US jobs report for July. The report revealed that the US economy added 187,000 jobs in July, below...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The report revealed that the US economy added 187,000 jobs in July, below the expected gain of 200,000.
Moreover, June’s job gain of 209,000 was revised lower to a job gain of 185,000.
However, a separate survey of households revealed that the unemployment rate had unexpectedly declined to 3.5% from 3.6% in June....
Read More: Bitcoin Holds Above $29,000 Following Mixed US Jobs Report – Where Next for the BTC Price?
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
BitTorrent Ushers in Next-Gen Web3 Infrastructure with Strategic Rebrand and Inaugural BTT Burn
The first round of BTT repurchased with decentralized service revenue has been completely burned, as BitTorrent leverages its reim...
Bitcoin (BTC) Price Prediction: Glassnode Signals Potential Price Floor Near $80K as Sellers Capitulate
Similar spikes in Bitcoin’s realized losses preceded local price bottoms in August and September, raising the possibility that the...
Polymarket Bitcoin and Rate Hike Odds Shift as CME Says No Change
Polymarket put the odds of a 25-basis-point Federal Reserve rate hike in October at 23%, with $43 million traded, while CME FedWat...
Crypto Giants Feature In $210 Million Political Donations Report As Regulatory Scrutiny Grows
TL;DR: An October 8 Public Citizen report links corporations and individuals benefiting from cancelled federal enforcement actions...
Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report
Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report German multinational Deutsche Bank is just weeks away...
Trezor Cuts Resellers After $86M Wallet Tampering Scare, Says Devices Remain Safe
Key Takeaways: Trezor recently has seen hardware wallet supply chain issues, so it has shortened its list of authorized retailers....