Bitcoin Retakes $17K as Interest Rates Plunge Following Economic Reports – CoinDesk

Bitcoin Retakes $17K as Interest Rates Plunge Following Economic Reports – CoinDesk

The headline numbers in the December jobs report from the BLS beat expectations, with jobs added of 223,000 versus forecasts for 200,000, and the unemployment rate of 3.5% versus forecasts for 3.7%. That 223,000 job gain, though, was a sizable slowdown from the 300,000-plus prints regularly seen in the first half of 2022 and was the lowest number of jobs added since April 2021.


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