The leading cryptocurrency Bitcoin (BTC) experienced a sharp decline yesterday after rising to $ 103,000 and dropped to $ 90,000 levels again.
However, Bitcoin recovered as quickly as it fell, rising to $98,000 levels, while today's eyes on BTC and altcoins turned to the Non-Farm Employment data to come from the USA, which is of great importance in terms of the FED's interest rate cuts.
The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy.
The data disclosed is as follows:
Nonfarm Payrolls Data: 227k Announced vs 202k Expected vs 12k Previous
Unemployment data: Announced 4.2% – Expected 4.2% – Previous 4.1%
Bitcoin's reaction after the data came was as follows:
*This is not investment advice.
