Crypto jobs report: volatility, meme coins, and market shifts

Crypto traders braced for a wild ride as the U.S. jobs report loomed, with Bitcoin and Ether facing potential price swings amid Federal Reserve rate hike fears. While Bitcoin futures remained calm, options trading exploded, signaling traders were hedging against a downturn. Meanwhile, the memecoin mania reignited with MemeCore's M token skyrocketing 260% thanks to a $6M rewards event, leaving the crypto world wondering if this is a fleeting pump or a sign of a larger revival. Hosted on Acast. See acast.com/privacy for more information.