Bybit Report: U.S. Labor Market Remains Stable Amid Government Shutdown

Despite the ongoing US government shutdown, Bybit’s latest TradFi report reveals a stable private labor market. This stability is attributed to private data sources and the challenges posed by macroeconomic issues. The report highlights the crypto market’s resilience, particularly with Bitcoin and Ethereum exhibiting stable values amidst cautious trading, emphasizing the importance of reliable private data during such uncertain periods. 7 Bybit, in collaboration with Block Scholes, emphasizes this reliance on private data to gain insights into the US economy even as public data remains unavailable due to the government shutdown.