Bitcoin jumps towards $ 17,000 in the event of a positive US job report

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According to the Ministry of Labor, the United States continues to exceed the expectations of the jobs created in December.

The unemployment rate sank to historical lows.

  • The report for December 2022 showed that the unemployment rate has dropped from 3.7 % in the previous month to 3.5 %.
  • At the same time, the most powerful economy in the world created 223,000 jobs in December, which is more than the estimates of Bloomberg of 200,000.
  • Overall, the United States ended the year with 4.5 million newly occupied positions, which was only until 2021 when the country recovered from the crash caused by Covid-19.
  • The best month in 2022 in relation to newly created jobs was February with over 700,000, during December, even though it was better than expected.

US jobs added. BLS.GOV US jobs added. bls.gov

  • Shortly after the report was published, Bitcoin began to move and moved north with a small movement of $ 150. As a result, the cryptocurrency jumped to just over $ 16,800, but went back almost as quickly.
  • Certain US announcements such as CPI numbers and interest rate increases have a greater impact on BTC's price movements. You can view all dates for both in the coming year.

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