Bitcoin and Altcoins Struggle as U.S. Jobs Data Falls Short of Expectations
07.02.2025 16:30 1 min. read Alexander Stefanov
Bitcoin (BTC) and other altcoins have experienced significant drops recently, with a notable impact from new tariff actions taken by Donald Trump.
As Bitcoin’s price dipped to $91,000, market participants turned their attention to the latest Non-Farm Employment Report from the U.S., a key indicator that could influence the Federal Reserve’s decisions on interest rates.
Released on the first Friday of every month, this report is closely scrutinized by investors looking to gauge the overall economic health.
The recent report showed that Nonfarm Payrolls increased by 143,000, falling short of the 169,000 expected, and significantly lower than the previous 256,000.
Meanwhile, the unemployment rate remained steady at 4.0%, slightly better than the anticipated 4.1%.
-
1
Rumors of a Truth Social Crypto Token Shut Down by Trump Team
13.05.2025 19:00 1 min. read -
2
Investor Uncertainty Grows as XRP Loses $16B in Market Value Amid ETF Delay
21.05.2025 19:00 2 min. read -
3
XRP Prepares for Liftoff as New Market Opportunities Open Up
11.05.2025 14:00 1 min. read -
4
Canary Capital Strengthens Solana ETF Bid With Staking Partnership
22.05.2025 9:00 2 min. read -
5
Tron Surpasses Ethereum as Leading Network for USDT Liquidity
18.05.2025 15:00 2 min. read
Pepe Price Prediction: Is PEPE About to Lose 60% of Its Value?
Pepe (PEPE) has surged by 6.5% in the past 24 hours as trading volumes have increased by 60%. This meme coin has been one of the top-performing assets of its category in the past month with gains of 56.4%. Pepe is a favorite among traders based on the open interest of futures contracts linked to […]
Trump Defends Tariffs as Legal Battles and Global Trade Talks Escalate
Donald Trump is doubling down on his pro-tariff stance, crediting the policy for what he calls a booming U.S. economy.
Altcoins Losing Steam as Market Momentum Tilts Toward Bitcoin, Says Analyst
Altcoins may be heading for deeper losses against Bitcoin, according to crypto market analyst Benjamin Cowen, who sees no signs of reversal in the broader trend.
Binance Introduces New Futures Contracts with 50x Leverage
Binance is expanding its derivatives lineup once again—this time adding two emerging altcoins, PUFFER and Port3 Network (PORT3), to its futures platform with leverage options of up to 50x.
-
1
Rumors of a Truth Social Crypto Token Shut Down by Trump Team
13.05.2025 19:00 1 min. read -
2
Investor Uncertainty Grows as XRP Loses $16B in Market Value Amid ETF Delay
21.05.2025 19:00 2 min. read -
3
XRP Prepares for Liftoff as New Market Opportunities Open Up
11.05.2025 14:00 1 min. read -
4
Canary Capital Strengthens Solana ETF Bid With Staking Partnership
22.05.2025 9:00 2 min. read -
5
Tron Surpasses Ethereum as Leading Network for USDT Liquidity
18.05.2025 15:00 2 min. read