🔥Red Alert for Bitcoin! The latest economic data shakes the market 🤔
Today, the #empleo data was released in the United States, which did not meet expectations. To this, #Bitcoin❗️ had a mixed reaction, rising briefly before the announcement and then falling.
There is concern around the published data, since in August, the economy only added 142,000 jobs, below expectations of 164,000 jobs. The #desempleo rate fell from 4.3% to 4.2%. For this reason, calls are beginning to be made for a more aggressive rate cut of 50 basis points.
The price of Bitcoin fell more than 5% after the announcement of the employment data in the United States, currently reaching levels of $ 53,820 dollars. This would mark a new low for this month.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎