Barron's: U.S. employment data does not significantly alter rate cut expectations, Bitcoin under pressure and retreats

TechFlow news, December 17 — Barron’s reported that bitcoin came under selling pressure as the latest U.S. employment data failed to significantly shift market expectations for future Federal Reserve rate cuts, highlighting the continued influence of macro-level labor indicators on the short-term trajectory of digital assets. The mixed signals from current employment figures have not bolstered expectations for more aggressive monetary easing, weighing on crypto assets like bitcoin.