Home
News
Details

Nonfarm Payrolls Exceed Expectations, Dollar Index Rises, Gold and Bitcoin Decline

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$60,679.80-1.82%
AI summary iconSummary

expand icon
The Fear and Greed Index fell below 40 as nonfarm payrolls exceeded forecasts, pushing the Dollar Index (DXY) up 15 points to 99.36. Spot gold declined nearly $20 to $4,447.73 per ounce. Bitcoin dropped 3.03% over 24 hours to $61,801.48. Investors are shifting focus to altcoins amid tightening Fed expectations.

BlockBeats news, on June 5, non-farm payrolls significantly exceeded expectations, leading markets to price in further Fed monetary tightening. The US Dollar Index (DXY) rose sharply by 15 points to 99.36. Spot gold dropped nearly $20 to $4,447.73 per ounce.


Bitcoin is currently trading at $61,801.48, down 3.03% over the past 24 hours.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.