Bitcoin Fluctuates as US Employment Figures Send Mixed Signals to Fed

The price of bitcoin (BTC) fell slightly along with US stock market futures in the early hours of the US trading session today after US payroll figures missed their forecast by a relatively wide margin. Shortly after, however, the situation improved, with stocks in the green and BTC largely unmoved. According to data from the Bureau of Labor Statistics, 199,000 jobs were created in the US last month, well short of the 444,000 that the Financial Times said was expected by economists. But although job creation disappointed, the unemployment rate in the US has continued to move lower, the data showed, decreasing 0.3 percentage points to 3.9% in December. Further, the data also revealed a slight improvement in the share of the population that is either employed or actively looking for a job.”W