This year, only 2 of the 10 unemployment reports have been favorable, which has generated downward pressure on Bitcoin đ.
What is more worrying is that Bitcoin has completely negated the increases driven by the few positive data.
Recently, its price rose by just 4.5%, showing a moderate reaction to the favorable labor news.
In 2007, unemployment benefit applications showed a similar behavior to the current one, resulting in a sharp drop in stock indices đ.
If history repeats itself, risk assets, such as Bitcoin, could suffer a similar correction