US Non-Farm Employment Data Announced! What Was Bitcoin's First Reaction?

Tension-filled times continue in the cryptocurrency industry. In recent days, the leading cryptocurrency Bitcoin (BTC) and altcoins have shown that they are losing value today as well, facing increasing sales pressure.

Today, traditional financial and crypto markets were focused on data from the United States (US). Important US economic data was announced in the last minutes.

Economic data closely followed by the American Central Bank (FED) were:

US Nonfarm Employment:

Previous: 275 thousand

Expectation: 212 thousand

Announced: 303 thousand

US Unemployment Rate:

Previous: 3.9%

Expectation: 3.9%

Announced: 3.8%

The latest US economic data appears to be negative for Bitcoin and altcoins.

After the US economic data came negative, Bitcoin dropped to $ 65,969, while the US dollar index (DXY) increased to 104.6.

If the selling pressure on Bitcoin continues in the coming hours, it seems that there may be much sharper withdrawals in altcoins.

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标签：bitcoin DATA FARM WAS