Crypto
BTC Holds Steady as Job Data Fails to Spark Market Volatility
The cryptocurrency market remained relatively stable on Wednesday, despite softer private employment data that slightly reduced the odds of a rate hike.
BTC held steady with trading volume dropping 13% over the last 24 hours. It has corrected by 1.68% over the past week.
Ethereum failed to hold above $2,400 and slid to an intraday low of $2,356, while XRP and Dogecoin recorded gains.
Crypto-related stocks dipped, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 1.35% and 1.33%, respectively.