BTC moves towards support of $22,600 ahead of payrolls report.
It is expected that Friday’s report will show an addition of 250,000 jobs to the U.S. economy in July, which is lower than June’s figure of 372,000.
As a result of this, crypto traders took a risk-off approach in today’s session, with the world’s largest token falling to a low of $22,790.66 as a result.The move sees bitcoin once again approach its price floor of $22,600, which when broken, usually seeshas marginally gained, trading at $22,907.09.
Price strength continues to track at its floor of 53, however should this move towards 54, or even 55, we could see slight upside momentum return.
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