Bitcoin retakes $27K ahead of this morning's job reports. LedesmaLyllah reports in First Mover Americas
climbed nearly 1% to back above $27,000 ahead of U.S. government’s Nonfarm Payrolls report set to release at 8:30 AM ET.is expected to show that the economy added 180,000 jobs in May versus 253,000 in April. On Thursday, stocks continued to move higher as the debt ceiling drama mostly moved into the rearview mirror. Gold also inched upward, with some analysts predicting the jobs report might push the metal back above $2,000.
. Coinbase said it created these products to cater to increased institutional demand following the issuance of its nano Bitcoin and nano Ether contracts last year. The BTI and ETI futures contracts, sized at 1 bitcoin and 10 ether per contract, respectively, will be settled in U.S. dollars monthly, and let institutional traders hedge market bets, express long-term market views or utilize the products in complex trading strategies.
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