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Bitcoin price dips to new 1-month low after $57K US jobs data ‘fakeout’

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<div>Bitcoin price dips to new 1-month low after K US jobs data 'fakeout'</div>
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Source: Coin Telegraph

Bitcoin fools traders up and down as BTC price volatility accompanies the week’s final US employment data release.

Bitcoin (BTC) briefly snapped higher before the Sept. 6 Wall Street open as United States employment data failed to meet expectations.

Data from Cointelegraph Markets Pro and TradingView showed BTC price action targeting $57,000 before fully retracing after the US trading session began.

New one-month lows followed, these reaching $54,919 on Bitstamp.

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Author: William Suberg

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