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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%
$79,636.89
-1.80%
(24s)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
BE
BeInCrypto Editorial(12:42 PM UTC)
1 min read
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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