The U.S. economy showed robust growth in December, adding 256,000 jobs, significantly surpassing the 160,000 estimates, while the unemployment rate dipped to 4.1%. This stronger-than-expected labor report has contributed to a sharp decline in cryptocurrency markets, including Bitcoin (BTC), which fell over 2% following the announcement, dropping to $92,800. Previously, BTC had reached nearly $103,000 on Monday but had already experienced a downward trend during the week. Other cryptocurrencies also saw significant losses. The job report, in conjunction with rising Treasury yields and adjusted expectations of Federal Reserve rate cuts, has triggered a broad-market pullback. Average hourly earnings increased by 0.3%, aligning with forecasts but below November's 0.4%. Overall, the data indicates a resilient labor market, which may influence future Federal Reserve policy decisions regarding interest rates.

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