Bitcoin price ignores major US payrolls miss to erase $113.4K surge
Bitcoin price strength disappears despite nonfarm payrolls data cementing Fed rate cut bets, and bulls are nowhere to be seen.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price strength disappears despite nonfarm payrolls data cementing Fed rate cut bets, and bulls are nowhere to be seen.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Meme ETF rally leaves many investors underwater despite 35% year-to-date surge
Despite a 35% surge, the MEME ETF highlights the risks of speculative investing, with many investors still facing losses due to hi...
Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin cal...
Michael Saylor ‘Feels Invigorated’ by Bitcoin’s Mission: Here’s What He Says Is Coming
Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor says he feels “invigorated” by bitcoin’s mission as the world moves towa...
SK Hynix surges in NASDAQ debut after raising $26.5B in share sale, as tokenized versions launch on Solana
SK Hynix's dual listing highlights the growing convergence of traditional finance and decentralized finance, impacting global inve...
Unauthorized Mbappé meme tokens surge as World Cup drama fuels crypto speculation
The surge in unauthorized meme tokens highlights the volatile intersection of sports and crypto, underscoring risks of speculative...
Falcons’ IEM Cologne Major win spotlights esports’ quiet breakup with crypto sponsorships
Esports' shift from crypto sponsorships highlights a move towards stability, reflecting broader industry caution after crypto mark...