Bitcoin dropped below the $30,000 level on Friday, ahead of the upcoming nonfarm payrolls (NFP) report in the United States. Today’s report comes as private sector jobs rose by 497,000 in the last report, double the expected number. Friday’s NFP is projected to come in at 225,000. Ethereum hit a one-week low today. Bitcoin Bitcoin ( BTC ) dropped to a one-week low on Friday, ahead of the upcoming nonfarm payrolls report in the United States. Payrolls are expected to come in at 225,000 for June, less than the 339,000 jobs added the month prior. Many believe a strong number will almost certainly guarantee that the Federal Reserve will hike rates later this month. Bitcoin chart by TradingView BTC /USD dropped to a low at $29,777.28 earlier in the session, which is its lowest point since last Friday, when price fell to $29,417. Today’s sell-off came as the 14-day relative strength index (RSI) plunged to a floor at the 55.00 mark. In addition to this, the 10-day (red) moving ave
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