Crypto Forem

Crypto YouTube
Crypto YouTube

Posted on

Benjamin Cowen: The Labor Market and Bitcoin

The Labor Market and Bitcoin

Due to the US government shutdown, we’re missing a full labor report this month, but we’ve still parsed the released snippets—think payroll gains, unemployment claims and wage growth. From there, we explore how these half-baked stats could sway risk assets, especially Bitcoin: softer numbers may keep Fed rate-hike fears at bay and fuel BTC bulls, while a surprise strength could snap speculative euphoria.

This data blackout is a handy reminder that macro hiccups and headline risks can quickly shift sentiment in the cryptoverse. For Bitcoin traders, it means staying nimble—one big jobs miss or beat can spark fresh volatility and open new trading windows.

Watch on YouTube

Top comments (0)