Bitcoin Reacts to U.S. Jobs Data: CME Group’s FedWatch Shows Traders Pricing 90% Odds of December Rate Cut

November’s Employment Situation report was released by the U.S. Bureau of Labor Statistics (BLS) at 8:30 a.m. ET on Friday. The BLS announced a rise in total nonfarm payroll employment by 227,000, a stronger-than-expected figure, while the unemployment rate remained relatively stable at 4.2 percent. Their report highlighted significant job gains in industries such as […] source: https://www.cryptoglobe.com/latest/2024/12/bitcoin-reacts-to-jobs-data-cme-groups-fedwatch-shows-traders-pricing-90-odds-of-december-rate-cut/