Bitcoin price strengthens as SOL, AVAX, FIL and EOS prepare for a breakout
SOL, AVAX, FIL and EOS prices are starting to look attractive, especially if Bitcoin opens the week with a fresh attack at the 31,000 level $.
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Nonfarm payrolls rose by 209,000 in June, below economists' expectations of an additional 240,000 jobs. Although the figures show a slowdown in the labor market, market watchers remained worried as average hourly wage growth was flat at 0.4% from May and 4.4% from a year ago. a year.
The report did not change expectations of a 25 basis point rate hike by the US Federal Reserve at the next meeting, according to the FedWatch tool. That kept U.S. stock markets under pressure, with all three major indexes falling during the week. The S&P 500 fell 1.16% and the Nasdaq 0.92%.
Daily View Crypto Market Data . Source: Coin360Another minor setback for the crypto markets was a report by JPMorgan CEO Nikolaos Panigirtzoglou which stated that a Bitcoin ( BTC) was traded on an exchange. (ETF) may not prove to be a game changer for the crypto space. Panigirtzoglou cites the lack of interest in spot Bitcoin ETFs in Canada and Europe as the reason for a possible small impact, even in the United States.
Could Bulls Regroup and Kick Bitcoin Above Airborne Resistance? If so, select altcoin...
SOL, AVAX, FIL and EOS prices are starting to look attractive, especially if Bitcoin opens the week with a fresh attack at the 31,000 level $.
Price analysis
Join us on social networks
Nonfarm payrolls rose by 209,000 in June, below economists' expectations of an additional 240,000 jobs. Although the figures show a slowdown in the labor market, market watchers remained worried as average hourly wage growth was flat at 0.4% from May and 4.4% from a year ago. a year.
The report did not change expectations of a 25 basis point rate hike by the US Federal Reserve at the next meeting, according to the FedWatch tool. That kept U.S. stock markets under pressure, with all three major indexes falling during the week. The S&P 500 fell 1.16% and the Nasdaq 0.92%.
Daily View Crypto Market Data . Source: Coin360Another minor setback for the crypto markets was a report by JPMorgan CEO Nikolaos Panigirtzoglou which stated that a Bitcoin ( BTC) was traded on an exchange. (ETF) may not prove to be a game changer for the crypto space. Panigirtzoglou cites the lack of interest in spot Bitcoin ETFs in Canada and Europe as the reason for a possible small impact, even in the United States.
Could Bulls Regroup and Kick Bitcoin Above Airborne Resistance? If so, select altcoin...
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