Bitcoin Drops Back to $110K as Nearly a Million Jobs Vanish

The Bureau of Labor Statistics estimates that for the year ending March 2025, the U.S. economy added nearly a million jobs less than previously reported. Bombshell Jobs Data Revision Sends Bitcoin Down to $110K Nearly a million jobs, 911,000 to be exact, were subtracted from the Current Employment Statistics (CES) national benchmark after a preliminary … Read more

Bitcoin Tumbles to $110K Again After More Disappointing Jobs Data

A weak jobs report by the Bureau of Labor Statistics confirmed the gloomy employment outlook previously reported by human resources firm ADP. More Weak Jobs Data Triggers Second BTC Sell-off, Price Revisits $110K Just a day after New Jersey-based human resources giant ADP sent bitcoin ( BTC) below $110K with lower-than-expected private sector employment numbers, … Read more

Bitcoin Falls Below $110K After Disappointing Private Sector Employment Numbers

The increase in private sector jobs for August was significantly lower than what many economists had forecasted. Disappointing Private Sector Jobs Data Triggers BTC Slide Below $110K New Jersey-based human resources firm ADP reported an increase of 54,000 private sector U.S. jobs on Thursday, but that number is well below the 75,000 jobs economists were … Read more

BTC Climbs Above $112K as Trump-Backed American Bitcoin Debuts on Nasdaq

The firm is one of the many digital asset treasury companies following in the footsteps of Michael Saylor’s wildly successful Strategy. BTC Tops $112K as Trump Family’s American Bitcoin Hits Nasdaq The Trump family has once again doubled down on bitcoin, backing the latest digital asset treasury (DAT) firm to list on the Nasdaq on … Read more

Bitcoin Reclaims $111K After Strategy and Metaplanet Go Bargain Hunting

The two public firms bought more than half a billion dollars’ worth of bitcoin on Labor Day, likely contributing to Tuesday’s recovery. Institutional Buying Spree Sends BTC Back Above $111K While some bemoaned bitcoin’s drop below $108K over the holiday weekend, Michael Saylor’s Strategy and Simon Gerovich’s Metaplanet took advantage of the cryptocurrency’s discounted price … Read more

Bitcoin Tumbles in the Face of High Inflation and New Tariff Pressure

The cryptocurrency fell to $108K after the “de minimis” exemption ended on Friday and core inflation came in at 2.9%. BTC Buckles Under Dual Pressure of Increasing Inflation and Trade Tensions Both crypto and stock markets bled on Friday after core inflation came in at 2.9% and the “de minimis” exemption, which waives tariffs on … Read more

Bitcoin Nudged Higher by Strong US GDP Figures

The U.S. Bureau of Economic Analysis (BEA) published better-than-expected economic data on Thursday morning. Stronger-Than-Expected GDP Figures Lift BTC, Albeit Modestly The American economy roared past expectations and expanded by 3.3% in Q2 according to Thursday’s announcement by the Bureau of Economic Analysis (BEA). Economists had predicted a growth rate of anywhere between 3.0% and … Read more

Bitcoin Flat as Stocks Continue Bleeding

The cryptocurrency appears to have stabilized around $114K, but the same can’t be said for the stock market, which edged lower as tech stocks continued to underperform. Traditional Markets Plunge, But Bitcoin Remains Steady Bitcoin ( BTC) hovered around $114K on Wednesday afternoon while stocks fell across all major indices for a second consecutive day. … Read more