But assets of all stripes seemed largely unmoved by Thursday’s jobs data, which showed 229,000 Americans filing unemployment benefits last week, well below the anticipated 245,000, and the U.S. economy expanding 1.3%, the third consecutive quarter of growth. Earlier this year and throughout 2022, such news might have sent digital assets cascading, but CoinDesk analyst on Thursday highlighted a shift in the good-economic-news-leads-to-lower-crypto- prices narrative.
Related posts
-
South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average
Recent figures show that despite bitcoin’s downturn in price,... -
Runes is making Bitcoin fun and accessible again
Disclosure: The views and opinions expressed here belong solely to the author and do not represent... -
Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
Bitcoin has been sliding down since it reached its all-time high in March. This has largely...