Following a brief rally above $20,000 and $1,600 respectively, bitcoin and ethereum fell below these levels to start the weekend. The decline comes as momentum surrounding yesterday’s nonfarm payrolls report faded. Bitcoin moved closer to its support point of $20,500, while ethereum was trading close to its floor of $1,550. Bitcoin Bitcoin ( BTC ) was back below $20,000 to start the weekend, as prices of the token moved closer to a key support point. Initial bullish momentum following last month’s payrolls has seemingly faded, with markets gearing up an economic downturn. Although Friday’s figure of 315,000 jobs was better than expected, this was lower than July’s number of 528,000. As a result of this, BTC /USD slipped to a low of $19,779.55 on Saturday, less than 24 hours after trading at a peak of $20,401.57. Looking at the chart, bitcoin is now on the cusp of colliding with its price floor of $19,500, which hasn’t been broken since July 16. However, should the relative stre
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