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Is Bitcoin Price Correction Over After $300M Liquidations & Worrying US Jobs Data? Coingape 07 sep. 2024

Is Bitcoin Price Correction Over After $300M Liquidations & Worrying US Jobs Data? 📉

USA Bitcoin

Bitcoin price experienced a nearly 4% drop following the release of the US Nonfarm Payrolls (NFP) data, which came in cooler than expected. The decline led to almost $300 million in liquidations across the crypto markets on September 6.

With this sudden crash, investors are left questioning whether the Bitcoin price correction has concluded. They are considering if this is an appropriate time to invest in BTC or if they should wait for further developments.

This news has sparked discussions and analyses as market participants assess the potential impact of the US jobs data on the broader crypto market.

The original article was published on CoinGape, the source for the latest updates and insights in the cryptocurrency industry.

Bron: coingape.com ↗

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