US Non-Farm Employment Data Released: How Has Bitcoin Reacted?

After the US May non-farm employment data was announced as 339 thousand, a decrease was observed in Bitcoin (BTC).

In the past few minutes, the market 180 thousand well above expectation as 339 thousand US Non-Farm Inflation data released in Bitcoin $300 triggered the decline.

Before disclosure $27,190 Bitcoin, which has risen up, with the explanation $26,977up to Ethereum (ETH) $1,880experienced a decline. Altcoins, on the other hand, saw declines in general.

Then a certain level living on the rise cryptocurrencies have almost risen above their pre-data levels.

The upward trend of the data expressing the change of working people outside the agriculture industry in May may trigger an increase in the dollar value. bitcoin with inverse correlation dollar index moving in (DXY) to increase negative impact on the cryptocurrency market will affect.

The dollar index accelerated upwards. to 103.7 levels experienced a rise. In line with these data, the Inflation to be announced next week It is a matter of curiosity what kind of policy the US Federal Reserve (FED) will follow.

Bitcoin, at the time of writing, according to Coinecko data $27,190traded from.

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