US Job Growth Sparks Market Volatility, Impacting Bitcoin Prices

The US economy showed strong job growth in April 2025, surpassing expectations and impacting Bitcoin prices. Nonfarm payrolls surged by a notable 177,000, exceeding analysts’ predictions of 133,000. This data has prompted Federal Reserve officials to closely monitor the labor market as they weigh future monetary policy decisions. Former President Trump has called for interest rate cuts, arguing that this could prevent the economy from slowing down significantly and potentially boost cryptocurrency markets. Market sentiment is also influenced by the job report’s impact on Bitcoin, which has been dampened despite these factors.