After spending most of the week below $100,000, Bitcoin rebounded on Friday following mixed economic data in January’s XRP and Solana also popped in the wake of the report, up 6% and 3% in the last 24 hours, respectively.
The report from the Bureau of Labor Statistics showed that the U.S. added 143,000 jobs in January, short of economists’ prediction of 170,000 jobs and the 256,000 jobs added in December. The data signals a significant slowdown in hiring. However, the unemployment rate dropped to 4% from 4.1%, despite expectations it would remain steady.
