The United States added 130,000 jobs in January.

January Employment Report

United States added 130,000 new jobs in January, exceeding expectations. As a result, the unemployment rate decreased to 4.3%.

Cryptocurrency Market and Volatility

According to panelists, the decrease in borrowing transactions through the Japanese Yen and rising margin requirements have put pressure on cryptocurrencies as well as gold and silver. However, around 100 billion dollars in assets continue to remain within Bitcoin Exchange-Traded Funds (ETFs).

Changes in Regulatory Climate

An increasingly permissive regulatory climate is steering institutions towards public blockchains and stablecoin-based settlement methods.