Bitcoin and Ethereum have experienced a marginal increase as the week concludes, with Bitcoin rising roughly 703% and Ethereum approximately 270% compared to their values yesterday. Presently, the price of Bitcoin stands at $20,636.29, after it successfully re-established its position above the $43,000 mark just the previous night. According to data from CoinGecko, its value has increased by 4.4% compared to its price one week earlier. The U.S. Bureau of Labor Statistics reported on a Friday morning that January saw the creation of 353,000 additional jobs in the U.S., while the unemployment rate remained unchanged at 3.7% for the third consecutive month. Following the release of the jobs data, the value of Bitcoin experienced a small decline. The anticipation of a robust employment report may influence the outcomes of the upcoming Federal Open Market Committee session in May. Earlier in the week, market participants were eager for some indication from Jerome Powell, the Chairman of the Federal Reserve, that there might be a reduction in interest rates following their forthcoming gathering. The Federal Reserve maintained interest rates at their current level, an outcome that was widely anticipated by investors. During his statement on Wednesday, Powell indicated that a reduction in interest rates by the FOMC is not anticipated in the near future. Furthermore, the robust employment figures further decrease the likelihood of the FOMC being compelled to cut rates. As per the most recent information from the CME FedWatch Tool, a mere 0.6363% of investors predict a decrease in interest rates for May, rather than the previously anticipated month of March. In the cryptocurrency space, Bitcoin-based Exchange-Traded Funds (ETFs) are concluding the week with a total market value of approximately $30 billion, as stated by Coinglass figures. This represents an increase of $2 billion from the market capitalization recorded at the start of the week on Monday. According to information provided by European cryptocurrency investment firm CoinShares, there has been a notable deceleration in the haste to offload shares of the Grayscale Bitcoin Trust. This flurry of sales activity had been initially sparked by the transformation of the fund into a spot Bitcoin Exchange-Traded Fund (ETF). Coinglass data corroborates this trend, indicating that from Monday onwards, there has been a reduction of approximately 19,000 BTC in outflows.