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Author Topic: Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints  (Read 1668 times)

Offline newshunter

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Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints
« on: August 09, 2020, 07:00:27 AM »
Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints

The price of Bitcoin briefly crashed to $11,219 on Bitstamp after disappointing job data hit markets.


Source: Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints

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Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints
« on: August 09, 2020, 07:00:27 AM »

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Offline festilolo

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Re: Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints
« Reply #1 on: August 09, 2020, 11:15:53 AM »
It is an expected outcome because whether we like it or not the US is a major force to reckon with crypto wise as well as China, major news from them either positive or negative always has effect shown on prices of cryptocurrencies especially Bitcoin as the king. I believe stability is here and I think we are heading for a repeat of 2017 bull run.
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Offline TomPluz

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Re: Bitcoin Price Briefly Crashes to $11.2K After US Jobs Data Disappoints
« Reply #2 on: August 09, 2020, 11:44:31 AM »
Maybe gone are the day when big bad news from the major economies can be catapulting Bitcoin into greater heights as it is now affected with things happening with the global economy especially that of the USA. However, we know that this can just be a blip, actually a good chance for investors and traders to buy more BTC.
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