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via CryptoSlate · By CryptoSlate Editorial

Bitcoin price craters to $60,000 as BTC bulls get jobs report they were hoping to avoid

BTC

BTC/USDT

$62,648.01

-0.14%

$62,648.01

-0.14%

(24s)

24h Volume

$20,390,382,537.42

24h H/L

$63,999.00 / $61,306.84

Change: $2,692.16 (4.39%)

Long/Short

64.9%

Long: 64.9%Short: 35.1%

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,374.00

▼ -2.00%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,602.26

Resistance 1$63,707.44

Price$62,374.00

Support 1$61,101.85

Support 2$57,800.19

Support 3$50,986.64

Pivot (PP):$62,533.61

Trend:Downtrend

RSI (14):47.0

CryptoSlate Editorial

(03:45 PM UTC)

1 min read

Updated byEmily Watson

1396 views

0 comments

Bitcoin fell after the May US labor report gave markets a reason to delay the next Federal Reserve easing trade, turning a stronger jobs number into a tighter-liquidity problem for crypto.

The May Employment Situation report said nonfarm payroll employment rose by 172,000 in May, while the unemployment rate held at 4.3%.

TradingEconomics release-screen data put the gain well above an 85,000…

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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CryptoSlate Editorial · CryptoSlate

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