Bitcoin, Ethereum Record Losses Following Jobs Data; Pepe, Fantom Among Top Losers

Published by

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the $30,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $1,900 mark this morning. The U.S. economy added 209,000 jobs in June versus a revised gain of 306,000 jobs in May, recording the lowest reading since Dec. 2020. Analysts were expecting for a gain of 225,000 jobs. eCash (CRYPTO: XEC) was the top gainer over the prior 24 hours, while Pepe (CRYPTO: PEPE) turned out to be the biggest loser. At the time of writing, the global crypto market cap fell to $1.17 trillion, recordi…

Read More