Bitcoin Price Rally Builds After Weak Jobs Data

Bitcoin Price Rally Builds After Weak Jobs Data

Bitcoin’s latest move arrived with the kind of timing that makes financial markets feel almost cinematic. Minutes after a surprisingly weak U.S. employment report challenged the story of a resilient economy, the world’s largest cryptocurrency pushed higher and briefly gained around 3 percent. The Bitcoin price rally was not simply a reaction to one disappointing […]

US Jobs Data Shakes Wall Street Rally Again

US Jobs Data Shakes Wall Street Rally Again

US jobs data hit Wall Street like a cold splash of reality, turning what had been a confident risk-on mood into a more careful, defensive trading session. Investors came into the day watching the labor market for one big clue: whether the economy was cooling enough to give the Federal Reserve room to ease policy. […]