Ethereum Price After the Jobs Report: 165,000 New US Jobs Sharpen Fears of a Fed Hike
Select what genuinely interests you. Your picks feed directly into our editorial planning. The US labour market grew much faster than expected in October, and that is deepening fears in the crypto market of another rate hike by the Federal Reserve. Ethereum traded at around $2,236 on Friday afternoon, shortly after the data came out, according to CoinGecko. That is roughly €2,006 and 6.4 percent below the previous day's level. The figures brought no rebound.