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Bitcoin price slips 3%, ignores US jobs beat as XRP sees all-time high

Bitcoin price slips 3%, ignores US jobs beat as XRP sees all-time high

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Source: Coin Telegraph

Testing times quickly return for Bitcoin traders as BTC price momentum again fails to recapture $100,000.

Bitcoin (BTC) fell further beneath $100,000 after the Jan. 16 Wall Street open as markets shook off a US unemployment overshoot.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD targeting $97,000, down nearly 3% after the week’s initial jobless claims.

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Author: William Suberg