😱 🇺🇲US data brought big rise in Bitcoin in seconds
Non-agricultural employment data for April in the US has been announced. The number of new job entrants was 175 thousand and the unemployment rate was 3.9%. After the announcement of the figures, there was an increase in #Bitcoin close to $ 1000.
The highly anticipated non-agricultural employment data in the US seems to have come as investors wanted. In an environment where the #Fed expects the economy to cool down for an interest rate cut, the number of people entering work came in below expectations, and the unemployment rate came in above expectations.
The non-agricultural employment figure expected as 243 thousand for April came in at 175 thousand, and the unemployment rate expected as 3.8% came in at 3.9%.
After the official announcement of the data, Bitcoin exceeded 60 thousand dollars with a rise of more than a thousand dollars.
