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Bitcoin traders wait for K as 3% BTC price gains eat up liquidity

Bitcoin traders wait for $62K as 3% BTC price gains eat up liquidity

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Source: Coin Telegraph

Bitcoin buyers attempt to turn the tables on overhead liquidity around the Wall Street open as BTC price approaches $61,000.

Bitcoin (BTC) sought to reclaim $60,000 around the Aug. 29 Wall Street open as United States macro data spared bulls major volatility.

Data from Cointelegraph Markets Pro and TradingView tracked local highs of $60,845 on Bitstamp, marking BTC price gains of 3% on the day.

These came as US jobless claims and GDP figures broadly adhered to expectations, with the former narrowly missing the forecast levels.

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Author: William Suberg