Crypto News

Bitcoin's Reaction to US Jobs Report The Bitcoin market was on the edge of its seat as the US released its October jobs report. This highly anticipated data is known to move markets, and Bitcoin was no exception. As the numbers came in weaker than expected, the cryptocurrency's price took a sharp drop, shedding over $2,000 in just a few hours. This reaction highlights the interconnectedness of global economics and the impact it can have on the crypto market. ECB's Surprise Interest Rate Cut The European Central Bank's surprise decision to cut interest rates added another layer of uncertainty to the already volatile crypto market. This move came as a shock to many, as ECB officials had previously indicated that rates would remain unchanged. The announcement sent shockwaves through traditional markets, and Bitcoin was not immune. The digital asset saw a further decline in price as investors scrambled for safer assets. The Impact on Crypto Tickers and Trending Hash...