Bitcoin, Ethereum kainų ralis po JAV spalio mėnesio darbo vietų duomenų

Bitcoin price soars over 4% after the U.S. Bureau of Labor Statistics released non-farm payroll data for October. The unemployment rate increased to 3.7% against the expected 3.6% in October. Moreover, the U.S. Dollar Index (DXY), which was already declining in the early hours, dropped further to 111.50.

The US Jobs Data for October

The total non-farm payroll data increased by 261,000 in October against estimated 200,000. Also, the unemployment rate increased to 3.7%. According to the JAV Darbo statistikos biuras, job gains happened in health care, professional and technical services, and manufacturing.

The unemployment rate in the U.S. increased by 0.2 percentage points to 3.7% in October 2022, up from September’s 29-month low of 3.5%. The number of unemployed persons rises 306K to 6.1 million, suggesting a tighter labor market in recent months.

Šios JAV dolerio indeksas (DXY) fell to 111.50 after the October jobs data. Moreover, the U.S. stock market futures indicate an over 1% jump in S&P 500, Dow Jones, and Nasdaq 100.

Šios CME FedWatch Tool data indicates a 47.2% probability of a 50 bps hike and a 52.8% probability of a 75 bps hike in December. The probability of a 50 bps hike was 51.5% yesterday.

Crypto and Bitcoin Prices Recover After Jobs Report

Crypto market recovers after the U.S. October jobs data. Bitcoin and Ethereum prices soared nearly 4% and 5%, respectively. Other altcoins including BNB, XRP, Cardano (ADA), Solana (SOL), and others rallied over 5%.

Polygon (MATIC) records over 4% gain after the jobs report. MATIC price soars 24% in the last 24 hours, with the current price trading at $1.16. memecoinų Dogecoin (DOGE) and Shiba Inu (SHIB) also witnessed massive recovery.

Bitcoin (BTC) price is trading at $20,775. The 24-hour low and high for BTC are $20,121 and $20,849, respectively. Notable crypto analyst Michaelas van de Poppe'as said long for Bitcoin at $20.4K was triggered, and altcoins are ready for a massive rally. He also predicted that anything above a 3.6% unemployment rate will bring down DXY and push Bitcoin prices to rally further.

Kaip per CoinGape’s previous report, Bitcoin has already bottomed as the stabilias kainas flow has increased in recent weeks.

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Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.