Search results for U.S. Bureau of Labor Statistics
Crypto
Bitcoin cycle indicator turns bullish after 26 months; CPI data seen as turning point
A bitcoin bull-bear cycle indicator has moved out of the bearish zone for the first time in about 26 months, marking an early bullish signal not seen since March 2023. CryptoQuant data and a 30-day moving average point to improving momentum, while bitcoin also reclaimed the $78,000 level. Analysts cautioned the signal may not immediately lead to a new bull market. Investors are watching U.S. CPI data due before Wall Street opens.
Crypto
Bitcoin slides but long-term holders boost BTC stash 69 percent, on-chain metrics strengthen
Bitcoin fell 22 percent in the first quarter, but long-term accumulation-minded investors increased their holdings by 69 percent, Ark Investment Management said. Bitcoin ended the quarter at about $68,200, below three key support levels, putting it in a technically bearish zone, Ark said. It did not see signals of a historical bottom. U.S. spot bitcoin ETF holdings were little changed at about 1.29 million BTC, while long-term buyers raised holdings from about 2.13 million to 3.60 million BTC.
Industry
US data centres draw laid-off IT workers, accelerating career switches
U.S. data centres are emerging as a new destination for laid-off technology-sector office workers as demand rises with big tech companies expanding AI infrastructure. Hiring indicators show growth, with job postings up 64 percent from 2023 to 2025. The fastest-growing demand is for onsite technical roles that install and maintain equipment, though a gap remains between openings and job seekers focused on office work. Employers are expanding entry training, but entry pay can be lower and shift work may be required.
