Bitcoin was roughly flat at around $17,000 early Friday ahead of the November jobs report due at 8:30 a.m. ET. The U.S. employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to Federal Reserve Chairman Jerome Powell. Ether was climbing ahead of the report, up slightly on the day.
Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'
The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies....