$BTC buckled briefly to $28,900 while $XRP dropped below 64 cents, its lowest price since its mid-July rally on its partial court win against the secgov. $SHIB and $HNT defied the downward action and gained. sndr_krisztian breaks it down
Equity markets dropThe government Friday morning reported the economy as having added 187,000 jobs in July versus forecasts for 200,000. In addition, June's originally reported 209,000 job gain was revised lower to 185,000. There were some stronger data in the report, with the unemployment rate slipping to 3.5% versus forecasts for 3.6%, and average hourly earnings rising at a 4.4% pace against expectations for 4.2%.
"I say this because Ethereum is seeing its foundations become sturdier and its applications more sophisticated and increasingly friendly for users," he wrote. In an email to CoinDesk, Brent Xu, CEO and co-founder of Web3 bond-market platform Umee, wrote that crypto prices are unlikely to spike for a prolonged period"until the macro environment softens more," including a cessation of the interest rate hiking that has characterized central banking policy for more than 16 months.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Calm Before the Storm? Bitcoin Squeezing at $29K, SHIB Spikes on Binance News: Market WatchBitcoin remains rangebound at $29K but SHIB is pulling ahead following news from Binance.
Consulte Mais informação »
Bitcoin Barely Holds $29K Alongside Sizable Altcoin SelloffSurging interest rates are putting pressure on risk assets, including cryptocurrencies. The U.S. 10-year yield is at a 2023 high and the 10-year JGB yield has risen to a nine-year high. $BTC $SOL $XRP $ADA $DOGE
Consulte Mais informação »
BTC price risks new sub-$29K dip as Binance fears test Bitcoin bullsBitcoin downside is not helped by Binance worries, and BTC price analysis expects lower levels.
Consulte Mais informação »
Bitcoin Slips 1% Back To $29K as Equity Markets Reverse FridayA quick Friday afternoon selloff has taken bitcoin back down to $29K. Alongside, U.S. stocks have given up nice early gains to turn lower.
Consulte Mais informação »
Bitcoin Ordinals Team Launches Non-Profit to Support Bitcoin NFT DevelopersOrdinals creator Casey Rodarmor will be one of the four board members of the new initiative.
Consulte Mais informação »
ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock – Bitcoin News'The odds of a spot bitcoin ETF launching this year are up to 65%, in our eyes,' ETF analysts James Seyffart and Eric Balchunas say.
Consulte Mais informação »