Bitcoin is trading in a narrow range below 70,000 dollars.

Bitcoin Investors Are Paying Attention

Bitcoin and the overall cryptocurrency market experienced a slight drop at the opening of the American stock market. However, the Bitcoin price quickly recovered, surpassing the 69,000 dollar level again. Experts state that the recent decline in Bitcoin is the most significant drop since the 2024 halving. It is noted that this negative movement occurred with low trading volumes. This situation indicates that retail investors have mostly pulled aside and that partially leveraged derivative products are directing price movements.

America's Employment Report is Expected

Today, the employment data for January from the United States will be announced. Two former officials from the Trump administration have warned that these figures may fall below expectations.