Bitget App
交易“智”变
行情交易合约跟单策略理财Web3
Bitcoin Gets Brief Boost After U.S. Employment Growth Revised Lower

Bitcoin Gets Brief Boost After U.S. Employment Growth Revised Lower

AICoinAICoin2024/08/21 16:28
作者:AICoin


The strong U.S. jobs market through 2023 and early 2024 was a bit less strong than thought, providing a very brief, very modest bump to the sluggish price action in bitcoin (BTC) during mid-morning U.S. trading.


According to the latest revisions by the Bureau of Labor Statistics, the U.S. added 818,000 less jobs than previously thought for the period from March 2023 to March 2024. That means jobs growth for that one year period of 2.1 million versus prior reports of 2.9 million, or average monthly growth of 174,000 against the previous 242,000.


A very top level interpretation of the data: a weaker than thought economy leads to easier than expected Federal Reserve monetary policy leads to higher than otherwise bitcoin prices.


The devil, of course, is in the details, and Goldman Sachs – anticipating the sizable downward adjustment – earlier this week explained why the revisions themselves were as likely as the originally reported numbers to be erroneous. The true monthly pace of jobs growth, according to the bank, is likely to have been 200,000-240,000, a perfectly acceptable number in a growing economy.


Bitcoin briefly knee-jerked higher by about 1% to as much as $60,000 as the data hit the tape, but quickly reversed, resuming its flat-to-downward price action of the past weeks. At press time, it was trading at $59,300, down 0.4% over the past 24 hours.




免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

0

免责声明:文章中的所有内容仅代表作者的观点,与本平台无关。用户不应以本文作为投资决策的参考。

PoolX:锁仓获得新代币空投
不要错过热门新币,且APR 高达 10%+
立即参与!

你也可能喜欢

“美联储传声筒”最新放风:本周降息25个基点几无悬念

考虑到消费者支出强劲而就业市场放缓的矛盾现实,加上美国大选可能重塑经济前景,美联储官员在未来几个月或面临棘手的辩论。

Jin102024/11/04 15:11

3252亿美元!巴菲特现金储备再创新高

巴菲特疯狂囤现金,再度减持苹果,六年来首次未回购公司股份。

Jin102024/11/04 15:11

重磅!内塔尼亚胡被曝泄密破坏加沙停火协议

反对党领导人指出,这是内塔尼亚胡操纵加沙战争公众舆论以维持权力的最新例子。

Jin102024/11/04 15:11

A股收评:三大指数震荡上行,市场处于年度级别的牛市起点?

A股三大指数震荡上行,券商认为,目前市场正处于年度级别的牛市起点。

Jin102024/11/04 15:11