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Bitcoin reacts to U.S. unemployment falling from 3.5 to 3.4% | Crypto Investment

Bitcoin reacts to U.S. unemployment falling from 3.5 to 3.4%

The good news: low unemployment gives a chance for a soft landing of the economy without a recession.

The bad news: the Fed sees no way to stop inflation without cooling the labor market, and it's only getting stronger.

There's a new scare story in the markets: the lower unemployment, the tighter the Fed and lower prices