Bitcoin held steady following a near miss on expected jobs added.
On the release of employment data, the leading cryptocurrency recorded a 0.5% swing in the 13:30 (BST) 15-minute candle, topping out at $27,980.
The U.S. Bureau of Labor Statistics employment report showed 236,000 nonfarm jobs added for March – with unemployment at 3.5%.
Economists expected 239,000 new jobs to have been added, along with a 3.6% unemployment rate.
All eyes turn to the next FOMC meeting, which is set to convene on May 2 -3.
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Source: https://cryptoslate.com/insights/bitcoin-trades-steady-following-lower-unemployment-than-expected/