{"id":146503,"date":"2025-01-11T08:00:48","date_gmt":"2025-01-11T06:00:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146503"},"modified":"2025-01-11T01:34:32","modified_gmt":"2025-01-10T23:34:32","slug":"cryptocurrency-market-struggles-as-strong-jobs-data-fuels-rate-hike-concerns","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cryptocurrency-market-struggles-as-strong-jobs-data-fuels-rate-hike-concerns\/","title":{"rendered":"Cryptocurrency Market Struggles as Strong Jobs Data Fuels Rate Hike Concerns"},"content":{"rendered":"

Investors worried that the Federal Reserve might delay cutting rates, leading to a sell-off in digital assets.<\/p>\n

Bitcoin<\/a> <\/strong>has been under pressure, with its value falling by over 10% since the Federal Reserve signaled a hawkish stance during its December 18 meeting.<\/p>\n

In December, the U.S. economy outperformed expectations, adding 256,000 jobs compared to the 153,000 forecast by economists. The unemployment rate also declined to 4.1% from 4.2% the previous month, showcasing the resilience of the labor market.<\/p>\n