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Bitcoin has another look below 66k after blow out US jobs report

As you all know by now, the latest US jobs report certainly knocked it out of the park in all but the wages component. That news has sent the dollar back to the front of the queue and rightly so too. The reaction in Bitcoin was understandably negative too. The lead going fell immediately back underneath 66k once more, setting a new session low at 65,999. It has rebounded off that low just now though, but it remains to be seen if this interim rebound will have much traction, given what surrounds BTC in terms of wider market dynamics right now. We shall see I guess. Bitcoin is currently trading at 66,730 

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