Bitcoin dips below $17,000 ahead of October jobs data

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Bitcoin dips below $17,000 ahead of October jobs data
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After a short rally above $17,000, bitcoin dips again, but is stabilizing above $16,000, says analyst.

After a short rally above $17,000, bitcoin BTCUSD has dipped to $16,959.93, a change of -0.70% over the past 24 hours, according to CoinDesk.

Moya... After a short rally above $17,000, bitcoin BTCUSD has dipped to $16,959.93, a change of -0.70% over the past 24 hours, according to CoinDesk. Moya says monthly jobs data for October released on Friday is going to be critical for what’s going to happen to crypto assets, and that the big question will be if the labor market is going to have a broader slowdown.

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