The selling pressure is still related to creditor selling from the failed Mt Gox exchange. However, the acceleration to the downside suggests the market is trying to get ahead of the creditor flows.
#BinanceTurns7 #US_Job_Market_Slowdown $BTC The US job market continues to experience positive momentum, the cryptocurrency market has failed to react. Still declining as of this writing, the global cryptocurrency market capitalization has dropped by 6% in the past 24 hours. The value of the leading crypto asset, Bitcoin (BTC), has plummeted by 3% during that period. At press time, BTC trades at $55,249.