Macro· ★★★· bearish·

Bitcoin slips below $84,000 as traders await key US data

  • —BTC at $82,668, down over 2% in 24 hours and about 1% since Friday
  • —Fed raised its benchmark rate to 4% at last week's meeting
  • —Final Q2 US GDP and Core PCE due September 30
  • —Nonfarm payrolls on October 2 forecast at 84,000 new jobs
Why it matters: US macro data will shape Fed rate expectations and set bitcoin's direction this week.
Source: The Cryptonomist (IT)