BTC price dips 1.8% as Bitcoin tackles schizophrenic new US jobs data
Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
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Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
Bitcoin dropped 2% following the release of the job figures reported by the Bureau of Labor Statistics. (Read More)
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin's price higher.
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.
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