Bitcoin jumps following softer-than-expected U.S. jobs report By Investing.com

From Investing.com: 2024-05-03 09:30:24

Bitcoin price surged following weaker than expected April U.S. jobs report. Nonfarm payrolls at 175,000, below projected 238,000. Unemployment rate at 3.9%, slightly up from March. Growth in hourly wages slowed to 0.2% from 0.3%. Fed may cut rates by 50 basis points this year, sending Bitcoin up by 4.20% to $60,910.0.

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