Bitcoin Price Drops to $68,000 After U.S. Jobs Data and Trump’s Recent Statements


Bitcoin prices fell about 4% to nearly $68,000 after losing momentum that pushed them to $74,000 earlier in the week.

The U.S. employment report released on Friday showed that 92,000 jobs fell in February and the unemployment rate rose to 4.4%, which was worse than market expectations of about 60,000 new jobs.

The data raised concerns about a slowdown in the U.S. economy.

Markets were also affected by new statements from U.S. President Donald Trump, who escalated his tone on Iran and Cuba.

He stressed that he was not seeking a deal with Iran demanding unconditional surrender, while also pointing to the possibility of regime change in Cuba.

On the other hand, U.S. oil prices rose sharply after these statements, exceeding $92 per barrel, reaching their highest level since September 2023.

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