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via BeInCrypto · By BeInCrypto Editorial

Bitcoin and Gold Crash As US Payrolls Crush Forecasts

BTC

BTC/USDT

$79,636.89
-1.80%
24h Volume

$17,615,364,473.77

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$79,697.72

0.05%

Volume (24h): -

Resistance Levels
Resistance 3$91,281.84
Resistance 2$88,315.23
Resistance 1$80,811.61
Price$79,697.72
Support 1$79,507.02
Support 2$76,172.06
Support 3$74,131.55
Pivot (PP):$79,916.17
Trend:Sideways
RSI (14):66.5
BE
BeInCrypto Editorial
(12:42 PM UTC)
1 min read
EW
Reviewed byEmily Watson

Bitcoin (BTC) and gold both dropped within minutes of Friday’s US jobs report, after August payrolls came in at nearly three times what economists expected.

The print revived bets on a September Federal Reserve rate hike. That hit the two assets that had spent the week rallying on expectations of a hold.

Payrolls Triple Forecasts and Flip July Positive

The US economy added 162,000 jobs in…

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BeInCrypto Editorial · BeInCrypto

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