The $BTCUSD price remained unchanged at about 17,000 as investors reacted to the latest American jobs numbers.
It also consolidated as investors reflected on new revelations of the collapse of FTX and Alameda Research. It has risen by over 9.9% from the lowest level this year.Bitcoin price has been in a tight range in the past few days as the market reflects on Sam Bankman-Fried’s interviews last week. In interviews with ABC and New York Times , Bankman was questioned on whether FTX moved client funds from FTX to Alameda Research, his trading company.
Meanwhile, the BTC/USD price reacted to the latest economic numbers from the United States. Data published by the Bureau of Labor Statistics showed that the American economy added over 282k jobs in September while the unemployment rate remained at a historic low of 3.7%.has more room to tighten monetary conditions. In his statement last week, Jerome Powell said that interest rates will remain at an elevated level for a while.
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