Bitcoin Falls to Lowest Level since April On US Jobs Data | Spotlight | N18G Bitcoin dropped on Thursday to levels not seen in more than six months, as investors appeared to pull back exposure to riskier assets and weighed the prospects of another Federal Reserve rate cut next month. The latest crash shows how closely crypto now moves with the broader economy. A stronger-than-expected US jobs report reduced hopes for a December Fed rate cut, triggering a wave of selling across risky assets. Crypto fell sharply, with Bitcoin dropping to its lowest level since April and other major coins sliding as well. Forced liquidations and heavy withdrawals from Bitcoin ETFs added to the pressure, revealing the market’s fragility. Despite booming tech stocks, crypto broke from its usual pattern and s
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