New Delhi, Nov. 21 -- Bitcoin, the largest cryptocurrency, fell to its lowest level since April on Friday, November 21, reaching a new low of $86,000 amid macroeconomic uncertainty following US jobs data that indicated higher-than-expected unemployment.
According to CoinMarketCap data, Bitcoin prices dropped 7.18% to $85,966.75 at 11:30 am on Friday, November 21.
"Bitcoin retreated to the $85,000 level after briefly climbing to $92,000 following Nvidia's earnings results. This pullback has largely been driven by growing macroeconomic uncertainty in the US. September's jobs data revealed higher-than-expected unemployment, raising concerns over the strength of the broader economy and potentially influencing the Federal Reserve's stance on...
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