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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
Bitcoinist
2024-06-08 10:00:05

Bitcoin Tumbles Below $70,000: Jobs Report, ECB Rate Cut Deliver Double Whammy

Bitcoin Tumbles Below $70,000: Jobs Report, ECB Rate Cut Deliver Double Whammy

Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset tumbled below $70,000 after a perplexing US jobs report collided with a surprise interest rate cut by the European Central Bank (ECB). The leading crypto asset was caught in

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