Bitcoin price drops to near $68K as US jobs weakness fails to rescue bulls
Bitcoin erased its latest breakout attempt after hitting $74,000 as surprisingly weak labor-market data offered no tailwind to crypto or risk assets.
Bitcoin (BTC) slipped under $70,000 around Friday’s Wall Street open as weak US employment data failed to boost risk assets.
Key points:
Bitcoin and stocks slump in reaction to a surprise downturn in US nonfarm payrolls.