BREAKING NEWS: 🔥
Critical Economic Data Announced in the US! Is It Good or Bad for Bitcoin?
In the past minutes, many data that the FED is also following closely have been announced in the US.
As of today, the eyes of traditional financial markets and the cryptocurrency sector have turned to the data coming from the United States (US). The data coming from the US, the statements made and the decisions of the executives in the US regarding the economy directly affect investment vehicles.
In the past minutes, many data that the FED is also following closely have been announced in the US. Here are the important economic data from the US:
USA – ADP Nonfarm Payrolls:
Previous: 111K
Expected: 144K
Reported: 99K
US Unemployment Claims:
Previous: 231K
Expected: 231K
Reported: 227K
With these latest data, it was seen that the volatility in the leading cryptocurrency Bitcoin (BTC) increased. After the first data announced at 15:15 TSI, BTC dropped to $56,259, but then managed to recover.
If the volatility in Bitcoin continues to increase in the coming period, it seems that there may be sudden movements in altcoins.