₿ BITCOIN FALLS BELOW $80,000 A surprisingly strong US jobs report has shaken the crypto market. The US added 162,000 jobs in August — strengthening expectations that the Federal Reserve could keep rates higher or even tighten policy further. Bitcoin reacted immediately, falling below $80,000 and briefly touching around $78,660. Now all eyes turn to US inflation data on September 11. For Bitcoin, the next major move may once again come from the Fed. #Bitcoin #BTC #Crypto #FederalReserve #Trading #CryptoNews
QUAN2UMShare
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.