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fromLondon Business News | Londonlovesbusiness.com
1 day ago

Bitcoin retreats toward $110,000 as investors await labour data - London Business News | Londonlovesbusiness.com

Bitcoin eased back toward USD 110,000 on Thursday, pausing after three strong sessions supported by heavy ETF inflows. US spot funds added USD 300 million on Wednesday following USD 330 million the previous day. Market liquidations over 24 hours were balanced, reflecting cautious positioning ahead of US labour market data. Today's ADP report is expected to show a 65,000 increase in jobs, down sharply from 104,000 last month, following weaker JOLTs data earlier in the week.
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fromBusiness Matters
1 week ago

US jobs market faces 'Trump slump' as tariffs and cuts hit growth

US job growth is forecast to collapse by about two-thirds amid tariffs, immigration controls, and spending cuts that weaken sentiment and hiring.
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