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04 Sep 2025

Bitcoin price sinks into ‘critical support’ under $110K in 2% daily dip

Bitcoin price sinks into ‘critical support’ under $110K in 2% daily dipBitcoin ignores US jobs data and falls over 2% on the day. A high-volume area now comes into play as support, even as analysis sees a BTC price comeback next. Gold continues to make headlines by beating crypto and US stocks this bull market. Bitcoin BTC $109,410 fell back under $109,500 after Thursday’s Wall Street open as US jobs data failed to boost crypto. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin fails to crack resistance in fresh dip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losses passing 2% on the day. Bulls failed to flip the area around $112,000 to support, and despite US unemployment numbers showing a weakening labor market, downside pressure remained. “$BTC got rejected from its major resistance level,” popular trad

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