What a Strong Labor Market Means for Crypto Markets

Aug 5, 2022

A report by the Labor Department on Friday showed U.S. employers added 528,000 jobs, exceeding economists’ average estimate, with the unemployment rate remaining at 3.5%. Bitcoin’s price fell modestly following the report. Hxro co-founder & CEO Dan Gunsberg discusses what this means for crypto and whether bitcoin has bottomed out. Plus, his take on the latest ether rally.