✉news BusinessCrypto first seen 4 d ago, last 4 d ago, peak #27
US payrolls rise just 29,000 in September, Bitcoin rally hopes rise
Original: US payrolls rise just 29,000 in September, can Bitcoin price rally?
US employment figures for September show payrolls increased by just 29,000, a surprisingly weak jobs number. Weak labor data typically fuels expectations of looser Federal Reserve policy, which some analysts say could push investors toward risk assets including Bitcoin, and discussion is turning to whether a crypto price rally could follow.
Why now: A much weaker-than-expected US jobs report is fueling speculation that Fed easing could drive Bitcoin higher.
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