Bitcoin drops below $94,000 amid stronger Dollar and ahead of US jobs reading




Bitcoin (BTC), the world’s largest cryptocurrency, dropped below the $94,000 mark in early Friday trading, pressured by rising bond yields and expectations for a strong US jobs report.

During Asian trading hours, the dollar rose 0.5% against the yen, reaching 158.03 yen, and gained over 1% against the British pound, which fell to a 14-month low amid a sell-off in gilts and concerns over the UK's financial stability.

Comments