U.S. February Jobs Report Shows Unexpected Decline Amid Layoffs and Economic Pressures

The U.S. February jobs report revealed a loss of 92,000 jobs, well below expectations for a 59,000 gain. This negative data was accompanied by significant layoffs from Oracle, Block, and Amazon. Bitcoin held steady near $70,000, while Ethereum traded at about $2,050, with limited volatility in the short term.

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