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21 Aug 2024

Bitcoin Today: BTC Spikes After U.S. Jobs Report #shorts #crypto

Bitcoin Today: BTC Spikes After U.S. Jobs Report #shorts #crypto🚨 Bitcoin Today 🚀 saw a brief spike after the U.S. job growth data was revised lower for the period between March 2023 and March 2024. The Bureau of Labor Statistics revealed that job growth was 818,000 less than initially reported, shaking up market expectations. 🔉 U.S. Employment plays a significant role in shaping economic policy, and this revision has sparked conversations about the Federal Reserve’s next moves. A weaker economy often means the Fed might adopt a more accommodating stance, which can be positive for Bitcoin’s price. However, the excitement was short-lived as Bitcoin’s price quickly reversed. After briefly hitting $60,000, it settled back down to $59,300, showing a 0.4% decline over the past 24 hours. 💡 Want to stay updated on the latest crypto news? Hit

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