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Benjamin Cowen: The Labor Market and Bitcoin

The Labor Market and Bitcoin

With the US government shutdown putting a pause on comprehensive labor data, we’re left piecing together the few metrics that did drop and sizing up what they mean for risk assets—especially Bitcoin. Even with gaps in the picture, there’s still clues in jobless claims, wage figures, and payroll shifts that could hint at BTC’s next move.

While we await the full release, it’s a good time to geek out over how labor trends ripple through crypto markets—higher unemployment or stagnant wages can stoke demand for alternatives, while strong hiring might send traders back to stocks. As always, this isn’t financial advice, just food for thought on Bitcoin’s labor‐driven swing.

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