Bitcoin, Ethereum, XRP, Dogecoin Plunge 2% as Jobs Report Spurs Rate Hike Bets
Bitcoin briefly topped $82,000 as Fed’s Waller backed steady rates. Crypto ETFs saw strong inflows, while $523M in positions were liquidated. Holding key levels would lead to a breakout to $85,000.
Cryptocurrencies like Bitcoin dropped 2% because a jobs report made people think interest rates might go up soon. When people worry about rate hikes, they sometimes sell crypto, but Bitcoin is still near high levels so watch if it holds there.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.