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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
$62,887.59
-0.29%
$62,887.59
-0.29%
(24s)24h Volume
$3,922,099,186.50
24h H/L
$63,390.00 / $62,716.00
Change: $674.00 (1.07%)
Long/Short
69.6%
Long: 69.6%Short: 30.4%
Funding Rate
+0.0029%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(04:18 PM UTC)
1 min read
Bitcoin (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…
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