I'm planning to launch a new project soon. Vital Fint. a token name: GMPP GENERALMANAGEMENT PROJEKT IN PARAGUAY. Before releasing this project, I will explain everything to Life. I'll say one thing: I want to create an ecosystem on Earth.
📈 Bitcoin rises due to rising unemployment in the US
According to the Federal Bureau of Labor Statistics (BLS), unemployment in the United States rose to 3.9% from last month's 3.8%, and the total number of unemployed people stands at 6.49 million.
Experts think the data could point to a possible slow slowdown in the economy, calming concerns that the labor market is contracting too sharply.
The rate is now expected to be cut twice by 25 basis points in 2024. Previously, only one reduction was assumed.
Due to the news about rising unemployment in the United States, the Bitcoin rate exceeded $63,000.
FTX wants to exceed the compensation plan, the SEC is tired of crypto, and the NYSE, for unclear reasons, withdrew its application to launch the futures Ethereum-ETF Grayscale - this and other cryptocurrency news from the morning of May 8th in our review