Bitcoin dropped 8% to $38,000, erasing much of its recent rally.  The latest sell-off was triggered by data showing strength in the U.S. jobs market, which furthers the case for a Federal Reserve rate hike this month. Traders were now looking at $35,000 as the next support level. A breach would put Bitcoin exactly where

The post Bitcoin Price Slumps After U.S. Jobs Data, Is $35k The Next Support? appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Expert Predicts Bitcoin Price Crash to $75k as ETF Inflows Fall, Treasury Companies Plunge 83%

Bitcoin price has rebounded by 13% from its November lows, helped by dip buying and falling fear in the market. Still, a bull run remains el...