Community Articles

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

$63,053.27
-0.04%
24h Volume

$2,467,457,830.59

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,094.00

0.01%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.72
Resistance 2$64,322.29
Resistance 1$63,626.50
Price$63,094.00
Support 1$62,999.35
Support 2$61,363.17
Support 3$57,800.19
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.3
CE
CryptoSlate Editorial
(03:45 PM UTC)
1 min read
EW
Updated byEmily Watson

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CryptoSlate Editorial · CryptoSlate

Read original →

Comments
Comments