4 hours ago

Bitcoin faces ‘imminent’ $110K retest as US dollar hits three-week high

Bitcoin fell to new local lows on the back of strong US jobs data, joining stocks and gold in what analysis called an “overdue” correction.

Key points:

Bitcoin falls with stocks and gold on stronger-than-expected US jobs data.

The US dollar index reaches its highest levels in three weeks as jobless claims come in below expectations.

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Source: Cointelegraph →