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U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party - CoinDesk

.1 min read
U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party - CoinDesk

A recent analysis suggests that a slowdown in U.S. hiring could potentially benefit Bitcoin, as reduced labor demand might lead to increased investment in cryptocurrencies. However, rising wages could counteract this positive effect by driving inflation, ultimately impacting Bitcoin's appeal as an alternative asset.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party - CoinDesk | CoinInformer