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Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors Weigh August Job Report: Analyst Predicts Altcoins To Go Dormant Before Exploding 200x In Upcoming Bull Run

Bitcoin, Ethereum, Dogecoin Trade Mixed As Investors Weigh August Job Report: Analyst Predicts Altcoins To Go Dormant Before Exploding 200x In Upcoming Bull Run

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Benzinga

Major cryptocurrencies exhibited a mixed trading performance on Sunday as traders evaluated the latest U.S. jobs report. What Happened: The latest U.S. nonfarm payrolls report revealed some notable trends in the job market. In August, the unemployment rate edged up to 3.8%, its highest level in over a year, contrary to economists’ expectations of it remaining at 3.5%. Additionally, average hourly earnings only increased by 4.3% year-over-year, falling short of economists’ projected 4.4% increase as the economy continues to slow down and pricing pressures ease. While job growth in August exceed…

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