Over $120M Wrecked in 1 Hour as BTC Dumps Hard After US Jobs Report

Over $120M Wrecked in 1 Hour as BTC Dumps Hard After US Jobs Report

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin’s price ascent came to an end minutes ago as the asset was rejected at $75,000 and pushed south by two grand in minutes. The notable price decline came after the US jobs report for the past week came out, which was actually quite positive. The US Labor Department announced minutes ago that initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 207,000 for the week that ended on April 11. The forecasts were slightly higher at around 215,000 claims. Layoffs remain relatively low, but the war with Iran could be hindering hiring, reads a Reuters report. “At some point, eleva

Source: https://cryptopotato.com/over-120m-wrecked-in-1-hour-as-btc-dumps-hard-after-us-jobs-report/