Bitcoin Continues to Surge After Non-Farm Payrolls Announcement, Breaking Above $116,000

BlockBeats News, August 1st, according to HTX market data, Bitcoin continued to rise after the release of US non-farm payrolls data, breaking through $116,000, currently priced at $116,005, with a 24-hour decrease narrowed to 2.02%.

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On-Chain Activity

43min ago

Dormant address inactive for 1 year purchases $5.4 million in ETH, 'bottom-fishing' funds were deposited into the wallet 3 years ago.

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UXLINK hacker closes long ETH position at a loss after three months, once had $16.8 million in unrealized gains

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How much volatility will Bitcoin face after CPI? A few key data points may determine whether there will be a "short squeeze" or a "stampede."

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After the U.S. stock market rebound, on-chain prices rose while positions shrank, and Nvidia became the center of capital contention.

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Dormant address inactive for 1 year purchases $5.4 million in ETH, 'bottom-fishing' funds were deposited into the wallet 3 years ago.

U.S. stocks show mixed pre-market performance, with NVDA and TSM up 1.2%, while optical communication and crypto-related stocks decline.

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