Is the Bitcoin Price Correction Finally Finished After $300M Liquidations & Concerning US Jobs Data?
Bitcoin experienced a decline of almost 4% following the release of disappointing US Nonfarm Payrolls (NFP) data. This unexpected drop in BTC led to approximately $300 million worth of liquidations in the cryptocurrency market on September 6. As a result, investors are now contemplating whether the correction in Bitcoin’s price has come to an end, and whether it is a suitable time to purchase BTC or if it is wiser to wait.