May Jobs Report Kills Rate Cut Hopes: Bitcoin And Gold Sold Off in Tandem
Bitcoin News: Bitcoin price is trading at $61,100 on Wednesday, down 3% over 24 hours and 6.9% on the week, as a blowout May jobs...
Tag : Jobs
Bitcoin price falls below $60K as hot U.S. jobs report crushes rate cut hopes
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price...
Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence
Bitcoin continued its recent dive on Friday, falling below the $60,000 mark for the first time since 2024. The leading cryptocurrency by market cap was...
Crypto layoffs grow as Meta’s AI shift hits jobs
Crypto layoffs are drawing fresh attention as Meta starts a new round of AI-linked job cuts, adding Big Tech context to staff reductions across digital...
U.S. Mint Launches 2026 California $1 Featuring Steve Jobs, Liberty Bell Privy
The United States Mint today releases the 2026 California Innovation dollar, a new $1 coin featuring a young Steve Jobs and a special Liberty Bell...
Bitcoin bulls battle for $80K control as US jobs data delivers surprise
Bitcoin (BTC) struggled with an $80,000 reclaim at Friday’s Wall Street open as strong US jobs data added to headwinds. Key points: Bitcoin crisscrosses $80,000...
April jobs report beats forecasts at 115,000
The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000. Summary The Bureau of Labor Statistics reported...
Coinbase cuts 700 jobs and blames AI productivity
Coinbase cuts 700 jobs today, with CEO Brian Armstrong saying AI is making small engineering teams far more productive Summary Coinbase is eliminating roughly 700...
Snap Cuts 1,000 Jobs, Aims to Save $500 Million as AI Reshapes Operations
In brief Snap laid off approximately 1,000 team members, representing 16% of its full-time workforce. The cuts are expected to reduce the company’s annualized cost...