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CoinGape 2022-03-05 06:15:39

Bitcoin Price Slumps After U.S. Jobs Data, Is $35k The Next Support?

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.

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