Markets

Bitcoin Seesaws as Investors Weigh Weak Jobs Data, Rate Cuts

In brief The U.S. economy added just 22,000 jobs in August. That locks in rate cuts in the coming months, according to Grayscale’s Zach Pandl. A labor snapshot like Friday’s would typically provoke recession fears, he said. The price of Bitcoin and other cryptocurrencies seesawed on Friday as investors weighed a weaker-than-expected jobs report against…

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BITCOIN BOUNCES, NFPS TODAY, WLFI BLACKLISTS JUSTIN SUN

BITCOIN BOUNCES, NFPS TODAY, WLFI BLACKLISTS JUSTIN SUNBTC bounces ahead of jobs report. SEC plans to revamp crypto policies. WLFI blacklists Justin Sun’s address, freezes tokens. WLFI tokens unreasonably frozen: Sun. Nasdaq to step up scrutiny on DATs, MSTR falls. Sora Ventures to buy $1b BTC. HK’s Yungfeng Financial buys $44m ETH. DFDV buys $40m…