Bitcoin Price (BTC) Little-Changed at $26K as Unemployment Rate Rises to 3.8%

U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin (BTC) price dips on the news

With ETF hopes shelved for what could me many more months, bitcoin bulls might be looking to a softening in the economy and thus lower interest rates as a possible catalyst. While this morning’s report provided some interest in the form of a rising unemployment rate and a downward revision to July’s job additions, bitcoin, so far, is showing no positive reaction.

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