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Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up By Cointelegraph

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1 Min Read



© Reuters

(BTC) saw a snap retest of $27,000 around the Oct. 6 Wall Street open as wildcard United States employment data rattled markets.

1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC price action as the largest cryptocurrency lost 2.1% in a single hourly candle.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
BTC/USD chart with aggregated OI. Source: Daan Crypto Trades/X