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BTC price dips 1.8% as Bitcoin tackles 'schizophenic' new US jobs data

Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.

Bitcoin (BTC) saw flash downside volatility into the June 7 Wall Street open as United States payrolls data surprised markets.

Data from Cointelegraph Markets Pro and TradingView showed a $1,300 BTC price dip within a single hourly candle before a rebound entered.

Bitcoin joined a knee-jerk reaction to U.S. nonfarm payrolls data, which vastly beat expectations to suggest that the labor market was coping with tight fiscal policy better than forecast.

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Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.
Bitcoin (BTC) saw flash downside volatility into the June 7 Wall Street open as United States payrolls data surprised markets.Data from Cointelegraph Markets Pro and TradingView showed a $1,300 BTC price dip within a single hourly candle before a rebound entered.Bitcoin joined a knee-jerk reaction to U.S. nonfarm payrolls data, which vastly beat expectations to suggest that the labor market was coping with tight fiscal policy better than forecast.Read more  

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