Cryptocurrency

Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-remains-stable-after-us-economic-data-release/" data-wpel-link="internal">Bitcoin Remains Stable After US Economic Data Release</a> 
Cryptocurrency world focused on two critical <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> releases from the US today. The US Gross Domestic Product (GDP) data and the US unemployment claims data were just released. Before the data announcement, <a href="https://en.coin-turk.com/whale-movements-suggest-potential-bitcoin-price-surge/" data-wpel-link="internal">Bitcoin</a> was trading at around $61,385. Let’s look at the data and Bitcoin <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">price</a>. 
<h2 style="text-align: justify" id="us-releases-two-critical-data-points">US Releases Two Critical Data Points</h2> 
The recently announced US Gross Domestic Product (GDP) data came in at 1.4%. The expectation for the data was also 1.4%. The data met expectations. On the other hand, the second data point was the US unemployment claims data. According to this, the number was announced as 233,000. The expectation for this data was 236,000. Thus, the data came in below expectations. 
Before moving on to the Bitcoin price after the data, it is worth remembering that the BTC price had dropped below the critical level of $60,000 in recent days. With reaction purchases from the $59,000 levels, BTC had settled above the $61,000 levels. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-365718 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BTCUSD_2024-06-27_15-33-53.png" alt="" width="1814" height="798"> 
After the data release, we see that the Bitcoin price is at $61,273. According to this price tag, the flagship of cryptocurrencies, Bitcoin, has not been negatively affected by the data. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-remains-stable-after-us-economic-data-release/" data-wpel-link="internal">Bitcoin Remains Stable After US Economic Data Release</a></h5>

Bitcoin Remains Stable After US Economic Data Release

Mục lục

COINTURK NEWS

Các bài viết khác được xuất bản trên 27 thg 6, 2024

BloFin Whale’s View: Magnificent 3

Telegram mini-app devs can now earn Toncoin with Adsgram

Sui Network Partners with Copper for Custody Solutions

Solana Memecoins Forecast: WIF Targets $3.050, BONK Aims at $0.00003390

Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

Bitcoin’s Oversold RSI Triggers Analyst Predictions of 60%+ Rally

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!