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via CoinDesk · By CoinDesk Staff
Hiring slowdown could be great for bitcoin (BTC) — unless wages spoil the party
BTC
BTC/USDT
$62,954.00
-0.33%
$62,954.00
-0.33%
(24s)24h Volume
$3,276,385,902.88
24h H/L
$63,390.00 / $62,754.00
Change: $636.00 (1.01%)
Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate
+0.0028%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(11:31 AM UTC)
1 min read
Your day-ahead look for May 8, 2026
Friday’s U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March’s 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters.
At first glance, weaker hiring data appears supportive for…
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