✉news BusinessCrypto first seen 3 d ago, last 3 d ago, peak #25
Bitcoin dips 1.7% on weak U.S. jobs data, $87K in focus
Original: Bitcoin dips 1.7% amid weak U.S. jobs data but stays 9% higher monthly, $87K remains key resistance.
Bitcoin fell 1.7% after weak U.S. jobs data, but the cryptocurrency remains about 9% higher over the past month. Traders are watching the $87,000 level as the key resistance for the next move up. The mixed picture — soft macro data weighing on prices even as the monthly trend stays positive — is drawing attention from crypto investors assessing whether the rally can continue.
Why now: Investors are weighing whether weak U.S. labor data signals broader economic trouble that could affect crypto prices.
Evidence
- Bitcoin dips 1.7% amid weak U.S. jobs data but stays 9% higher monthly, $87K remains key resistance. · Pluang
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