US labor market and manufacturing strengthen leading to $63k bitcoin price

Bitcoin surged above $63,000, gaining 6.5% in 24 hours, following US jobs data and the Federal Reserve’s 50-basis-point rate cut. Initial jobless claims decreased to 219,000 for the week ending Sept. 14, below forecasts of 234,000 and down from the previous 231,000. Continuing jobless claims fell to 1.829 million, under expectations of 1.851 million and […] source: https://cryptoslate.com/insights/us-labor-market-and-manufacturing-strengthen-leading-to-63k-bitcoin-price/