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Crypto Update | Bitcoin Retakes $30K and Competing Jobs Report Narratives

Markets Outlook

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Introduction

Bitcoin is up 0.8% while Ether has ticked down slightly by 0.4%. Bitcoin retook $30,000 after it briefly dipped below that mark yesterday. A miss on the headline non-farm payroll numbers and wage growth could bring back a positive move to risk assets such as crypto currencies. The Dow industrial average fell 0.5%, the S&P 500 is flat, and the NASDAQ composite gained 0.2%. More macro stuff coming in after the break.

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