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via Cointelegraph · By Cointelegraph Staff
Bitcoin Continues Its $80K Battle as US Jobs Data Smash Expectations Despite Iran
BTC
BTC/USDT
$59,794.00
-2.10%
$59,794.00
-2.10%
(24s)24h Volume
$29,656,613,715.16
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
71.3%
Long: 71.3%Short: 28.7%
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(04:18 PM UTC)
1 min read
1348 views
0 commentsBitcoin (BTC) struggled with an $80,000 reclaim at Friday’s Wall Street open as strong US jobs data added to headwinds.
Key points:
- Bitcoin crisscrosses $80,000 as US jobs data notionally reduces the odds of US interest-rate cuts.
- US jobs vastly outpace expectations, adding almost twice the anticipated number of jobs in April.
- Traders avoid giving up on the local uptrend, seeing a "healthy" support…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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