Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off...

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

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Source: Coindesk.com

Bitcoin's (BTC) attempt at even a modest early rally during U.S. trading hours Friday was quickly snuffed out, the price dropping 4% in about the past ninety minutes alongside a major slump in equity markets.

A weak July U.S. jobs report earlier Friday sent bond yields and the dollar

Read More https://www.coindesk.com/markets/2024/08/02/bitcoin-slumps-below-63k-altcoins-rekt-as-crypto-succumbs-to-risk-off-mood/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood" appeared first here Coindesk.com.

Source: Coindesk.com

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