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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: cheezcarls on January 12, 2020, 09:13:16 PM

Title: Bitcoin Stays Over $8,000 While Dow Retreats From ATH
Post by: cheezcarls on January 12, 2020, 09:13:16 PM
The Dow Jones Industrial Average (Dow) reached new all-time highs (ATHs) on Friday, touching $29,000. However, the gains were quickly lost with the release of the December job report, which failed to meet analyst expectations. Bitcoin, however, stayed above $8,000.

Economists and experts had predicted that the US economy would add 160,000 new jobs in the final month of the year. However, that figure came in slightly under the expectation, at 145,000. The news sent the market down half a percent or more than 130 points.


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