Bitcoin trades near $76,000 after a dip toward $75,000, as US spot Bitcoin ETFs post $411.9 million in outflows and long positions lead liquidations.
Bitcoin is catching its breath this weekend. After a brutal few sessions, the price has stabilized above $76,000, but the money that matters most for a lasting recovery is still heading for the...
Bitcoin recovered above $76,000 Friday after dropping below that level during Thursday's tech-driven market rout.
Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.
The Nasdaq gained just 1.1%, while the S&P 500 only edged higher, and the DJIA lost more ground.
BTC price action stayed weak after US nonfarm payrolls data significantly beat forecasts, increasing bets of a December interest-rate hike.
Bitcoin consolidated as fears over US AI regulation spread to Asia, causing South Korea to announce measures to calm stock-market volatility.
The total crypto market cap is down by roughly $200 billion in 10 days.
Expectations prior to the release claimed that the monthly growth would be around 59,000 jobs.
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