?The price of #Bitcoin rebounds upward with the slowdown in the American labor market, so where is the price of its currency headed?

_#Bitcoin price chart - (BTC) Source: #TradingView Economic data released last Friday revealed a greater than expected rate of slowdown in the US labor market for the month of October, which prompted US bond yields to decline and begin a wave of rise in US stock markets and the price of #Bitcoin . (Bitcoin-BTC), whose trading was stable - at the time of writing the article - around the level of $34,600. The latest US jobs report for last month showed the creation of 150,000 new jobs in the US economy, which is less than the expected increase of 180,000 in the slowest pace of new job creation since early 2021. Economic analysts responded to the data by retreating from their expectations for the Federal Reserve to raise interest rates, as expectations were -Earlier in the week- indicates the possibility of lifting it.

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