U.S. unexpectedly lost 92,000 jobs in February, unemployment rate rose to 4.4%
Bitcoin remained under pressure even as the data likely puts back in play the chances of Fed rate cuts in the first half of 2026.
unemployment rate
U.S. Added 256K Jobs in December, Blowing Past 160K Estimate
Crypto markets have fallen sharply over the past few days as stronger than expected economic data sent interest rates surging and called into question the idea that the Fed will continue easing monetary policy.