CoinDesk reported that the US labor market report to be released on February 7th could become a catalyst for BTC prices in the next two months. According to Benjamin Cowen, the founder and CEO of Into the Cryptoverse, in an article published on January 31st, the "best point" for BTC is a unemployment rate of about 4.1%. He said: "If the unemployment rate is 4.1% or 4.2%, then BTC is likely to follow last year's blueprint and rise in February/March. If the unemployment rate is too high, it may make BTC even more uncertain".
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CoinDesk reported that the US labor market report to be released on February 7th could become a catalyst for BTC prices in the next two months. According to Benjamin Cowen, the founder and CEO of Into the Cryptoverse, in an article published on January 31st, the "best point" for BTC is a unemployment rate of about 4.1%. He said: "If the unemployment rate is 4.1% or 4.2%, then BTC is likely to follow last year's blueprint and rise in February/March. If the unemployment rate is too high, it may make BTC even more uncertain".