Bitcoin, Gold Slide After US Payrolls Beat Forecasts Threefold
Bitcoin and gold fell after US August payrolls nearly tripled forecasts, reviving rate hike bets and sparking over $200 million in liquidations.
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Bitcoin and gold fell after US August payrolls nearly tripled forecasts, reviving rate hike bets and sparking over $200 million in liquidations.
US non-farm payrolls rose 162K in August, well above the 56K expected, while the unemployment rate held at 4.1%.
Canada's economy lost 41,700 jobs in August, far below the 15,000 gain expected, while the unemployment rate held at 6.4%.
The USD trades in narrow ranges ahead of the US jobs report, with technical levels highlighted for EURUSD, USDJPY and GBPUSD.
US and Canadian non-farm payrolls reports are due shortly. Markets focus on USD/JPY trading, fixed income yields, and Canada's employment after BOC held rates.
Kalshi will not allow betting on whether its legal dispute with New Jersey reaches the Supreme Court, citing principle.
Nvidia director Mark Stevens sold $411M in stock over three days, the largest insider sale by dollar value in the company's history.
An integer overflow bug let an attacker drain $1.73M from Notional Finance's legacy escrow. The funds were converted to ETH and sent through Tornado Cash.
Eurozone retail sales fell 0.6% m/m in July; markets trade sideways ahead of US NFP data.
US and UK sign pact to target scam compounds that drain $10 billion from Americans each year.