$BTC Let’s hear your thoughts below.
Why Did Bitcoin Drop Below $100k?
The stronger US data signals that the economy remains resilient, fueling expectations of higher-for-longer interest rates by the Fed.
This boosted the dollar and Treasury yields, making risk assets like BTC and stocks less attractive.
Are we heading for a deeper correction, or will Bitcoin bounce back stronger? BTC 🚀
U.S. December Employment Report To Be Released Tonight
According to BlockBeats, the U.S. December non-farm employment report is scheduled for release tonight at 21:30 UTC+8. The unemployment rate for December is expected to be 4.2%, with an anticipated increase of 160,000 in
seasonally adjusted non-farm employment.
Credit: Binance News