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Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Video Credit: Rumble - Duration: 08:58s - Published
Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Https://cb.run/BSnP Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAXThe United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate.

Wages saw growth of 5.2% year-over-year and 0.5% over the month.

This suggests that inflation remains high and the U.S. Federal Reserve may continue with its rate hikes in the near future.

After staying in close correlation with the U.S. equities markets for the past several months, the crypto space could be ready to chalk out a new course.

Bloomberg Intelligence senior commodity strategist Mike McGlone and senior market structure analyst Jamie Coutts said in a recent report that Bitcoin (BTC) has started base...


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