QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve’s decisions on interest rates. QCP Capital: U.S. Payroll Revision and Fed Policy Shift Market Dynamics QCP Capital‘s latest insights highlight […]
Bitcoin, Ethereum Technical Analysis: BTC Approaches Key Price Ceiling Ahead of Friday’s US Payrolls Report
Bitcoin continued to consolidate on Thursday, ahead of the upcoming U.S. nonfarm payrolls (NFP) report in the United States. Payrolls are expected to come in at 170,000 for September, down from 187,000 the month prior. Ethereum fell for a fourth straight day. Bitcoin Bitcoin (BTC) continued to trade close to a key price ceiling …
Biggest Movers: LTC, BCH 5% Lower Following Friday’s Payrolls
Litecoin was down by as much as 5% during Friday’s session, as markets reacted to the nonfarm payrolls report from the United States. 187,000 jobs were added to the economy in August, compared to the revised sum of 157,000 in July. Bitcoin cash also slipped, extending recent losses. Litecoin (LTC) Litecoin (LTC) was a notable […]
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $26,000 Following US Nonfarm Payrolls
Bitcoin plummeted below $ 26,000 to start the month of September, as markets waited for the latest non-farm payrolls (NFP) report. Payrolls in the United States were expected to fall to 170,000 for August, however came in at 187,000. Ethereum was also down on the news, falling below $ 1,700. Bitcoin Bitcoin slipped …
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $29,000 Ahead of Nonfarm Payrolls
Bitcoin is trading near a support point of $ 29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around the $ 29,000 level on Friday, …