Bitcoin (BTC) moved lower to start the week, as cryptocurrency markets continued to react to the latest nonfarm payrolls report.
The number of jobs added to the U.S. economy came in higher than expected, in many’s eyes justifying the Federal Reserve’s decision to hike interest rates by 0.25%.
As a result, BTC/USD fell to an intraday low of $27,691.26 earlier in today’s session, following a peak of $29,119.38 the day prior.
