Friday was a choppy, indecisive day in the Bitcoin market, with prices swinging between losses and gains of about 1.0% each way as traders digested the latest much stronger-than-expected US labor market report for last month. According to the latest figures from the US Bureau of Labor Statistics, the US economy added a whopping 517,000 jobs last month, way above the expected job gain of 190,000, while December’s figure also saw a 30,000 upwards revision to 260,000. Meanwhile, the household survey showed the unemployment rate dropping to a new more than five-decade low at 3.4%, despite a rise in the participation rate. Average hourly earnings continued to grow at a solid YoY pace of 4.4%, a little above expectations. The report beat economist expectations across the board. A senior econ
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