U.S. added 115K jobs in April, nearly doubling expectations
The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.
The positive job growth may lead to increased confidence in the economy, potentially resulting in a bullish sentiment for risk assets, including cryptocurrencies. However, uncertainty surrounding the new Federal Reserve chairman could introduce volatility.
The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.
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