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via CryptoSlate · By CryptoSlate Editorial

Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls

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CryptoSlate Editorial

(12:35 PM UTC)

1 min read

Approved byDavid Kim

1485 views

0 comments

At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move.

This is due to a long chain of cause and effect, where a cooling jobs market gives policymakers room to lower…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CryptoSlate Editorial · CryptoSlate

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