MARKETS DAILY: Crypto Update | Risk Assets Are Up As the Bureau of Labor Statistics (BLS) Reports 339K Jobs Were Added to the U.S. Economy In May

Paradoxically, the unemployment rate rose significantly to 3.7% and the U.S. Commodity Future Trading Commission (CFTC)  proposes new regulations to offset the risks of crypto investing.

Today’s Stories: 

U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K

U.S. Commodities Agency May Change Risk Rules to Consider Crypto

Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted

Market Watch Links: 

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data

This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

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