By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    Israeli troops fire warning shots as starving Palestinians overrun new aid centre
    Israeli troops fire warning shots as starving Palestinians overrun new aid centre
    May 28, 2025
    Could a ceasefire deal in Gaza be close? | World News
    Could a ceasefire deal in Gaza be close? | World News
    May 28, 2025
    Where are the Sage Advisors When You Need Them? – The Cipher Brief
    Where are the Sage Advisors When You Need Them? – The Cipher Brief
    May 28, 2025
    Argentinian judge withdraws from a negligence trial about Maradona’s death | Courts News
    Argentinian judge withdraws from a negligence trial about Maradona’s death | Courts News
    May 28, 2025
    Police respond to shooting at US mall — RT World News
    Police respond to shooting at US mall — RT World News
    May 28, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists
    Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists
    May 28, 2025
    BTC vs Luxury Watches—One Is a ‘Generational Asset’
    BTC vs Luxury Watches—One Is a ‘Generational Asset’
    May 28, 2025
    SharpLink’s 5M ETH treasury has ETH bulls calling for K
    SharpLink’s $425M ETH treasury has ETH bulls calling for $3K
    May 28, 2025
    Third individual arrested in NYC crypto torture and kidnapping case
    Third individual arrested in NYC crypto torture and kidnapping case
    May 28, 2025
    Growing BTC reserve requires Congressional legislation — VanEck exec
    Growing BTC reserve requires Congressional legislation — VanEck exec
    May 28, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: Bitcoin (BTC) Price Recovery Stalls as Dollar Rallies; U.S. Jobless Claims in Focus
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Cryptocurrency > Bitcoin (BTC) Price Recovery Stalls as Dollar Rallies; U.S. Jobless Claims in Focus
Bitcoin (BTC) Price Recovery Stalls as Dollar Rallies; U.S. Jobless Claims in Focus
Cryptocurrency

Bitcoin (BTC) Price Recovery Stalls as Dollar Rallies; U.S. Jobless Claims in Focus

Published June 27, 2024
Share
1 Min Read
SHARE

Bitcoin’s recovery from Monday’s low under $59,000 stalled as buyers struggled to keep momentum above $61,000. Ether and the wider crypto market, represented by the CoinDesk 20 (CD20) Index, also faced lackluster trading during European hours. The pause coincides with the dollar index (DXY) topping 106, the highest since May 2, keeping investor risk appetite under check ahead of U.S. first-quarter GDP data, durable goods for May and a weekly jobless report scheduled for 12:30 UTC (08:30 EST). “The market may be most sensitive to the weekly jobless claims, given the recent increase and a growing sense, articulated by San Francisco Fed President Daly, that the labor market appears to be at an inflection point,” Bannockburn Global Forex’s managing director and chief market strategist, Marc Chandler, said in a market update. Crypto traders will closely watch the Biden-Trump presidential debate, set for 21:00 EST, for clues on what the outcome of November’s election might mean for the industry.

#Bitcoin #BTC #Price #Recovery #Stalls #Dollar #Rallies #U.S #Jobless #Claims #Focus

TAGGED:BitcoinBTCclaimsdollarEtherFirst MoverFocusjoblesspriceRalliesRecoverystallsU.S
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article What Colors Go With Yellow? Try These Complementary Colors What Colors Go With Yellow? Try These Complementary Colors
Next Article Amazon Plans New Discount Store With Items Shipped Directly From China, Reports Say Amazon Plans New Discount Store With Items Shipped Directly From China, Reports Say
- Advertisement -

Latest Post

Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists
Thai Government Plans to Enable Crypto Spending via Credit Cards for Tourists
Cryptocurrency
Israeli troops fire warning shots as starving Palestinians overrun new aid centre
Israeli troops fire warning shots as starving Palestinians overrun new aid centre
World News
Could a ceasefire deal in Gaza be close? | World News
Could a ceasefire deal in Gaza be close? | World News
World News
BTC vs Luxury Watches—One Is a ‘Generational Asset’
BTC vs Luxury Watches—One Is a ‘Generational Asset’
Cryptocurrency
Where are the Sage Advisors When You Need Them? – The Cipher Brief
Where are the Sage Advisors When You Need Them? – The Cipher Brief
World News
SharpLink’s 5M ETH treasury has ETH bulls calling for K
SharpLink’s $425M ETH treasury has ETH bulls calling for $3K
Cryptocurrency
- Advertisement -

You Might Also Like

Bankrupt Crypto Lender Celsius Turns To Customer Vote Following Court Approval
Cryptocurrency

Bankrupt Crypto Lender Celsius Turns To Customer Vote Following Court Approval

August 16, 2023
Ex-UFC champ Conor McGregor touts Irish Bitcoin reserve in presidential bid
Cryptocurrency

Ex-UFC champ Conor McGregor touts Irish Bitcoin reserve in presidential bid

May 11, 2025
Bitget Proof-of-Reserves (PoR) in June portrays a 46% increase in user assets for Ethereum (ETH)
Cryptocurrency

Bitget Proof-of-Reserves (PoR) in June portrays a 46% increase in user assets for Ethereum (ETH)

June 25, 2024
Union Throws a Curveball in Battle for U.S. Steel
Business

Union Throws a Curveball in Battle for U.S. Steel

August 19, 2023

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?