U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back...

U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High

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Source: Coindesk.com

Far stronger than expected U.S. job adds are likely to put a damper on ideas of imminent Fed rate cuts Bitcoin, stock and bond markers have all turned lower in response to the fresh data Bloomberg's chief economist suggested the headline number is masking the underlying weakness in the economy

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The post "U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High" appeared first here Coindesk.com.

Source: Coindesk.com

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