Bitcoin Falls Following GDP, Jobless Claims Data; SATS, Blur Among Top Losers
Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the key $40,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, but traded above the key $2,200 mark this morning. Helium (CRYPTO: HNT) was the top gainer over the prior 24 hours, while SATS (CRYPTO: 1000SATS) turned out to be the biggest loser. The US economy grew an annualized 3.3% in the fourth quarter, versus market estimates of a 2% rise, and compared to a 4.9% rate in the prior quarter. U.S. initial jobless claims increased by 25,000 to 214,000 in the week ending Jan. 20. At the time of writin…