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Bitcoin Falls After 517K Jobs Added in January, Beating Expectations

The U.S. added 517,000 jobs in January, reported the Bureau of Labor Statistics (BLS), a huge jump from the revised 260,000 in December, and massively beating economist forecasts for 185,000.

The unemployment rate fell to 3.4% versus 3.5% in December and against forecasts for 3.6%.

Bitcoin (BTC) fell to $23,379 in the minutes after the news.

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