Bitcoin Price Slides After US Admits Nearly 1 Million ‘Phantom’ Jobs in Data Revision
Bitcoin price did not just dip. It reacted to something way bigger. The U.S. government revised last year’s job numbers down by nearly 900,000 positions....
Tag : Jobs
Microsoft AI Chief Sets Two-Year Timeline for AI to Automate Most White Collar Jobs
In brief Microsoft’s AI CEO says AI will automate most white-collar jobs like lawyers and accountants in 12-18 months. The tech giant is building its...
Bitcoin Slides as Fed Rate Cut Doubts Follow Strong Jobs Report
In brief The U.S. economy added 130,000 jobs in January. Traders grew increasingly doubtful about a rate cut in March. Gold prices climbed following the...
Bitcoin reacts to major US jobs data beat as Fed rate pause odds near 95%
Bitcoin (BTC) saw flash volatility around Wednesday’s Wall Street open as US jobs data came in well above expectations. Key points: Bitcoin attempts to rescue...
Crypto Exchange Gemini Slashes Jobs Amid Exit From Europe, Australia
In brief Gemini is exiting the European Union, United Kingdom, and Australia. Users will have two months to withdraw or transfer their funds before accounts...
Bitcoin Reclaims $90K as Strong U.S Jobs Data Fuels $100K Push
Bitcoin has successfully regained its footing above the $90,000 threshold following a brief decline toward $89,000 yesterday. The leading cryptocurrency rallied from approximately $89,200 to...
Asia Market Open: Bitcoin Dips, Asian Shares Gain Modestly Ahead of Key US Jobs Print
Bitcoin eased to around $91,000 on Friday, as Asian markets opened slightly higher and traders lined up the next catalysts, the US nonfarm payrolls report...
Treasury Secretary Calls for More Rate Cuts Despite Strong Jobs Data
Treasury Secretary Scott Bessent urged the Federal Reserve to accelerate interest rate cuts, calling them the “only ingredient missing” for stronger U.S. economic growth ahead...