The BTC rate is locally adjusted due to strong data on the US labor market. More than forecast, although less than the previous figure. A strong labor market is an argument for the US Federal Reserve to keep interest rates on pause. Markets react accordingly.
So far, the decline on this news has been partially redeemed, but it began earlier, with the start of trading in spot#BitcoinETFs. The spoiler for this was a noticeable drop in the quotes of the spot Bitcoin ETF from#Grayscaletoday in the premarket. The sales pressure continues.
