employment

US Employment Data Causes Bitcoin to Drop

Today was a remarkable day for the US labor force with the release of highly anticipated US employment data that revealed an amazing 517 thousand job increase in January, far surpassing expectations of 185 thousand. This great news caused Bitcoin ‘s price to drop to $23,244 shortly after the announcement and remain at approximately 23K today. Why Are Markets Falling? The question on everyone’s mind is why Bitcoin and other…