The bitcoin price rose 1% just after the numbers hit, but remains lower by about 5% from one week ago.

  • The U.S. posted August job growth of 142,000, slightly less than expected, but the unemployment rate dipped to 4.2%
  • Sizable downward revisions to the July and June reports made the employment picture somewhat weaker than previously thought
  • Under sizable pressure all week, bitcoin bounced following the report

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