{"id":121030,"date":"2025-11-19T15:59:00","date_gmt":"2025-11-19T11:59:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121030"},"modified":"2025-11-19T12:53:51","modified_gmt":"2025-11-19T08:53:51","slug":"bitcoin-steadies-near-seven-month-lows-as-traders-eye-u-s-jobs-data-and-fed-signals","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-steadies-near-seven-month-lows-as-traders-eye-u-s-jobs-data-and-fed-signals\/11\/19\/market-updates\/","title":{"rendered":"Bitcoin steadies near seven-month lows as traders eye U.S. jobs data and Fed signals"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<p>Bitcoin edged higher after a sharp selloff, with investors treading carefully ahead of a long-delayed U.S. labor report and fresh clues on the Federal Reserve\u2019s policy path.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin (spot):<\/strong> <strong>$90,953<\/strong> (+1.4%)<\/li>\n\n\n\n<li>Tuesday low: <strong>&lt; $90,000<\/strong>, weakest since April; rebound toward <strong>$94,000<\/strong> faded on fragile risk sentiment<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Fed uncertainty keeps crypto on the back foot<\/h2>\n\n\n\n<p>A string of hawkish remarks from Fed officials\u2014citing uneven disinflation and limited scope for further easing this year\u2014has cooled expectations for a <strong>December rate cut<\/strong>, pressuring risk assets including crypto. Markets now look to <strong>Thursday\u2019s September nonfarm payrolls<\/strong> (delayed by last month\u2019s government shutdown) for direction.<br>Adding to policy jitters, President <strong>Donald Trump<\/strong> said he had chosen a preferred nominee for the next Fed chair and could announce the pick soon, stoking questions around central-bank continuity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Deal flow: Kraken valued at $20B<\/h2>\n\n\n\n<p>Crypto exchange <strong>Kraken<\/strong> raised <strong>$800 million<\/strong> across two tranches, valuing the firm at <strong>$20 billion<\/strong>\u2014a 33% jump in under two months. Backers included <strong>Jane Street, HSG, Oppenheimer Alternative Investment Management, Tribe Capital<\/strong>, and <strong>Citadel Securities<\/strong>. Kraken said proceeds will fund expansion into <strong>futures, equities, tokenized assets, and payments<\/strong>, and support on-chain regulated products.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Altcoins mixed<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ether:<\/strong> <strong>$3,027<\/strong> (+1.0%)<\/li>\n\n\n\n<li><strong>XRP:<\/strong> <strong>$2.13<\/strong> (flat)<\/li>\n\n\n\n<li><strong>Solana:<\/strong> +1.5% | <strong>Polygon:<\/strong> +0.8% | <strong>Cardano:<\/strong> flat<\/li>\n\n\n\n<li><strong>Meme tokens:<\/strong> <strong>Dogecoin<\/strong>, <strong>$TRUMP<\/strong> slightly higher<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Bottom line<\/h3>\n\n\n\n<p>With Fed odds in flux and the jobs print imminent, crypto remains headline- and data-driven. A softer labor read could spark a relief bounce; a firm print may keep Bitcoin pinned near recent lows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin edged higher after a sharp selloff, with investors treading carefully ahead of a long-delayed U.S. labor report and fresh clues on the Federal Reserve\u2019s policy path. Bitcoin (spot): $90,953 (+1.4%) Tuesday low: &lt; $90,000, weakest since April; rebound toward $94,000 faded on fragile risk sentiment Fed uncertainty keeps crypto on the back foot A &hellip;<\/p>\n","protected":false},"author":9,"featured_media":54500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-121030","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121030"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121030\/revisions"}],"predecessor-version":[{"id":121031,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121030\/revisions\/121031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54500"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}