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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
$83,129.16
-0.34%
$83,129.16
-0.34%
(24s)24h Volume
$18,841,940,619.66
24h H/L
$84,381.30 / $82,563.00
Change: $1,818.30 (2.20%)
Long/Short
59.7%
Long: 59.7%Short: 40.4%
Funding Rate
+0.0005%
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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