US October non-farm payrolls added 165,000, beating expectations, while Bitcoin prices held steady near $75,000
U.S. October nonfarm payrolls increased by 165,000, beating expectations, while Bitcoin prices held steady near $75,000. Data released by the U.S. Department of Labor on Friday showed that nonfarm payroll employment rose by 165,000 in October, well above the 59,000 expected by economists, with the unemployment rate ticking down to 4.1%. Following the release, the probability of a Federal Reserve rate hike in December rose to nearly 80%. Bitcoin briefly touched $76,100 after the data release before pulling back to fluctuate around $75,500.
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