💵 Volatility $BTC increases against the backdrop of employment data in the USA, gold reaches a record high 😳
According to #CointelegraphNews , Bitcoin experienced significant volatility after the employment data in the USA, released on Friday, came in below expectations, leading to a sharp drop in its value. The cryptocurrency reached new highs of $113,400 in September before falling nearly $3,000 within an hour. A disappointing non-farm payroll report showed that the US economy added only 22,000 jobs in August, which is significantly lower than the expected 75,000. This unexpected result led to a weakening of the US dollar, while gold reached new historical highs.
