Ethereum

❓ How rising unemployment in the US may affect the bitcoin price

Yesterday, macroeconomic data was released in the US, which shows that unemployment in the country reached 4.1%. This is the highest figure since December 2021.

The situation was commented on by the head of the derivatives division of Bitfinex, Jag Kuhner. He noted that employment in the United States is systematically declining. Against this background, bitcoin can win

The fact is that economic uncertainty and a weakening labor market may push the Fed to a more rapid easing of monetary policy, because of which investors will look for alternative investment instruments. https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/7ab1178b-9623-4650-fe2c-d40406815500/original

❓ How rising unemployment in the US may affect the bitcoin price

Yesterday, macroeconomic data was released in the US, which shows that unemployment in the country reached 4.1%. This is the highest figure since December 2021.

The situation was commented on by the head of the derivatives division of Bitfinex, Jag Kuhner. He noted that employment in the United States is systematically declining. Against this background, bitcoin can win

The fact is that economic uncertainty and a weakening labor market may push the Fed to a more rapid easing of monetary policy, because of which investors will look for alternative investment instruments. https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/7ab1178b-9623-4650-fe2c-d40406815500/original https://frames.weponder.io/api/polls/2600/frame

⚫Crypto-enthusiast, philanthropist and just a nice man. 
⚫Minsk, Belarus. 
⚫26 years old.

Rising unemployment could indeed impact Bitcoin prices as economic uncertainty often drives investors to seek alternative assets. If the Fed eases monetary policy, the increased liquidity may push more people toward Bitcoin as a hedge against traditional financial market volatility.