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After the weak data release, $BTC dropped sharply from a high of $86,700 to around $84,000, and $ETH weakened in sync, with prices falling from the intraday high of $2,779 to around $2,648.
The market logic is that although the weak nonfarm data reduces the probability of a Fed rate hike in October (from 29% down to 17%), traders are more concerned about the economic outlook weakening, which suppresses corporate profits and risk appetite.
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Criptomoedas populares
BTC/USDTBitcoin
$83 512,3-0,03%
ETH/USDTEthereum
$2572,53-0,05%
ZEC/USDTZcash
$1316,62-0,03%
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