US stock futures jumped after job data came in much stronger than expected.
The US economy added 130,000 jobs in January, vs. 66,000 estimated.
Unemployment rate fell to 4.3% vs. 4.4% expected, showing that the labor market is improving.
After the release:
• US futures moved higher
• #GOLD slipped
• $BTC pumped $2,400 from today's bottom and trading near $68,000
It seems like the market now thinks that recession risk is getting lower now.
BTC
66,305.6
-1.50%
USDC
1.0007
+0.01%
