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Bitcoin price slips below $65K after US jobs data

Bitcoin price slips below $65K after US jobs data

Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated.

Summary

  • Bitcoin traded at $64,384, down 0.69% after failing to close above $65,000.
  • Initial U.S. jobless claims reached 199,000, below economists’ forecast of 204,000.
  • BTC found immediate support near $64,000, while $64,800–$65,000 remains resistance.
  • Further evidence of labor market strength could affect Federal Reserve rate expectations.

Bitcoin price rejected near $65,000

According to data from crypto.news, Bitcoin (BTC) price traded at $64,384.27 at press time, marking a 0.69%…

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