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BTC/USD: Falls After Disappointing US Jobs Report

From dailyforex.com

Bitcoin has seen quite a bit of selling during the trading session on Friday, as the market started to see selling in just about anything that had the remote chance of being considered a “risky asset.” This was mainly due to concerns about the US job situation, as the Non-Foreign Payroll announcement came out at roughly half of what was expected. Keep in mind that Bitcoin is not divorced from reality anymore, it has become an asset that Wall Street traders are starting to sink their teeth into.Wall Street isn’t very happy at the moment, as the jobs number has quite a few people concerned. However, I think that this ... (full story)

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  • Category: Technical Analysis