United

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-shows-resilience-as-us-economic-data-rolls-in/" data-wpel-link="internal">Bitcoin Shows Resilience as US Economic Data Rolls In</a><br></p>
<p style="text-align: justify">Today, there were three critical pieces of economic data expected from the United States that could impact <strong><a href="https://coin-turk.com/bitcoin-39-000-dolarin-altini-gordu-borsalara-gonderilen-btc-miktari-artiyor" data-wpel-link="internal">Bitcoin</a></strong> and other cryptocurrencies. Prior to the release of this data, <a href="https://en.coin-turk.com/bitcoin-the-apple-of-the-cryptocurrency-era-says-fidelity-global-macro-director/" data-wpel-link="internal">Bitcoin</a>‘s price had retreated to as low as $68,500. However, a recovery ensued, and the price of <a href="https://coin-turk.com/yatirimcilar-dikkat-bloomberg-analisti-bitcoinde-yol-haritasini-cizdi" data-wpel-link="internal">BTC</a> climbed back up to $71,000. Let’s take a closer look at the announced data and the current state of Bitcoin’s price.</p> 
<h2 style="text-align: justify" id="three-key-figures-from-the-us">Three Key Figures from the US</h2> 
<p style="text-align: justify">The first piece of data from the US was the ongoing jobless insurance claims. The previous figure was announced at 1,807,000. The latest figure came in at 1,819,000, indicating an increase from the previous number. Another key figure was the US Gross Domestic Product (GDP) data. The GDP growth was expected to be 3.2% but came in slightly higher at 3.4%, exceeding expectations.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-334471 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/abd-veri-coin-turk-com-.png" alt="" width="594" height="360"></p> 
<p style="text-align: justify">The final piece of data was the initial jobless claims. According to the released data, the number came in at 210,000, below the expectation of 213,000. This figure was also lower than the forecast, and it matched the previous number of 210,000 as well.</p> 
<p style="text-align: justify">Looking at the Bitcoin price following the release of the data, we see that <strong><a href="https://en.coin-turk.com/3-charts-that-could-send-bitcoin-prices-soaring/" data-wpel-link="internal">BTC</a></strong> is trading at the $70,480 level, suggesting that the cryptocurrency has not been significantly impacted by the economic indicators.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-shows-resilience-as-us-economic-data-rolls-in/" data-wpel-link="internal">Bitcoin Shows Resilience as US Economic Data Rolls In</a></h5>

Bitcoin Shows Resilience as US Economic Data Rolls In

Table of Contents

COINTURK NEWS

Other articles published on Mar 28, 2024

So, the SEC just got a win against Coinbase – What do we do now?

Who Can Stake Oduwacoin?

Bitcoin whales copy classic bull market moves as BTC price eyes $72K

Solana SHORT traders face $143 million losses if this happens

High-Stakes Sentencing of Sam Bankman-Fried: Potentials for 20-30 Year Sentence

Bitcoin Eyes $180K Peak: ETFs, Halving, and Easing Policies to Fuel Surge

Join our free newsletter for daily crypto updates!