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Bitcoin Price Dips Below $65K After US Jobs Data
Source: Crypto.news
Bitcoin price fell below $65,000 on Thursday following stronger-than-expected US jobless claims data, raising interest rate concerns.
The Bitcoin price experienced a decline on Thursday, falling below the $65,000 mark. This movement occurred after the release of U.S. jobless claims data, which was stronger than anticipated, according to Crypto.news. The data reportedly intensified concerns that the Federal Reserve might maintain elevated interest rates, influencing broader market sentiment.
According to data cited by Crypto.news, Bitcoin (BTC) was trading at $64,384.27 at the time of their report. The cryptocurrency's price had previously rejected near the $65,000 level.
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