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Bitcoin fell below $66,000 on Thursday following mixed US economic data. Initial jobless claims beat expectations, while the trade deficit widened sharply, fueling renewed risk-off sentiment in crypto markets.
Crypto markets in general were watching today's data release, which featured among the economic data expected to influence Bitcoin sentiment this week.
Bitcoin Retreats Below $66,000 Amid Mixed US Economic Signals
The Labor Department reported 206,000 initial jobless claims, down from a revised 229,000 the prior week and well below market expectations of 225,000.
The four-week moving average also edged lower to 219,000, signaling a labor market that remains resilient despite ongoing economic headwinds.
At the same time...