Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Bitcoin price dropped 8% to $38,000, erasing much of its recent rally. The latest sell-off was triggered by data showing strength in the U.S. jobs market, which furthers the case for a Federal Reserve rate hike this month. Fed hikes paint bearish picture for Bitcoin Although Bitcoin was already on a mild downtrend over the
The post Bitcoin Price Slumps Post Release Of U.S. Jobs Data, Is $35k Next? appeared first on CoinGape.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.