Home BlockchainBitcoin Fails To Pass $69,000 In A US Nonfarm Payrolls Reaction

Bitcoin Fails To Pass $69,000 In A US Nonfarm Payrolls Reaction

by CoinTelegraph
0 comments

Bitcoin (BTC) saw flash volatility around Wednesday’s Wall Street open as US jobs data came in well above expectations.

Key points:

  • Bitcoin attempts to rescue the day’s losses on the back of stronger US nonfarm payrolls data.

  • Mixed signals result in risk assets diverging in their reactions to the numbers.

  • Bitcoin traders stay wary of a deeper BTC price dip to come.

Analysis: Fed interest-rate pause to “continue”

Data from TradingView tracked a BTC price spike to nearly $69,000 which quickly retraced,…

You may also like

Leave a Comment