Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, as NFP Report Looms – Market Updates Bitcoin News

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BTC moves higher, as nonfarm payrolls are expected to come in at 200,000.

Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls report. It is expected that 200,000 jobs will have been added to the United States workforce, which comes as job openings once again trended higher. Bitcoin moved away from a recent floor of $20,060, with ethereum surging closer to $1,600 ahead of today’s report.) prices rebounded on Friday, as markets began to prepare for the release of October’s nonfarm payrolls report.

The jobs day report is expected to show that 200,000 jobs were added to the U.S. economy last month, lower than September’s figure of 263,000.

 

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