Crypto and Stock Prices Tumble on Friday As New Labor Report Reveals a Rising Unemployment Rate in the US

Crypto assets and the stock market tumbled on Friday after the U.S. Bureau of Labor Statistics (BLS) published a report that painted a gloomy picture of the American job market. The BLS notes the US unemployment rate rose to 4.3% in July, its highest mark since October 2021. There were some employment gains in healthcare, The post Crypto and Stock Prices Tumble on Friday As New Labor Report Reveals a Rising Unemployment Rate in the US appeared first on The Daily Hodl .

Source: The Daily Hodl