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US Jobs Data: Bitcoin Rises to $113,000 Amid Rate Cut Speculation

US Jobs Data: Bitcoin Rises to $113,000 Amid Rate Cut Speculation

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by Giorgi Kostiuk

2 days ago


A report on US employment for August 2025 showed only 22,000 new jobs, causing significant volatility in Bitcoin prices and speculation about potential Fed rate cuts.

Weak Jobs Data

Data released by the Bureau of Labor Statistics indicated just 22,000 new jobs, significantly below expectations. This created waves of anticipation for monetary easing by the Federal Reserve.

Market Reaction on Bitcoin

The cryptocurrency market reacted sharply, with Bitcoin's price soaring to $113,000. Expectations of Fed policy changes significantly influenced the market, prompting investors to view Bitcoin as a hedge against economic uncertainty.

Future Expectations and Implications

Speculation about potential Fed rate cuts is intensifying interest in cryptocurrencies, with $12 billion inflows into crypto ETFs. Bitcoin's value is expected to continue fluctuating due to changes in the financial sector and regulatory landscape.

This situation highlights Bitcoin's macroeconomic sensitivity and its potential role as a safe-haven asset during turbulent times. Interest in cryptocurrencies continues to grow amidst expectations of changes in monetary policy.

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