Bitcoin Drops Below $55K Amid U.S. Jobs Report Miss and Recession Fears

As of 2:50 p.m. UTC on 6 September 2024, Bitcoin is trading at $54,746, marking a 3.4% drop over the past 24 hours. This significant decline in Bitcoin’s value seems closely tied to the disappointing U.S. jobs data for August 2024, which was released earlier in the day. The broader cryptocurrency market, which typically follows […] source: https://www.cryptoglobe.com/latest/2024/09/bitcoin-drops-below-55k-amid-u-s-jobs-report-miss-and-recession-fears/