Circle stock slips after US jobs data: Is $81 within reach?

Circle stock has slipped 0.80% to $80.19 in Thursday’s intraday trading after U.S. jobless claims came in below expectations, leaving CRCL below the $81 level as cryptocurrency prices weakened. CRCL fell $0.64 during the Oct. 8 session, trading below the report’s $80.84 resistance level. U.S. initial jobless claims totaled 197,000, below the 200,000 forecast and the previous week’s revised figure. Bitcoin traded near $82,700 as CoinGlass data showed more than $400 million in crypto liquidations. Circle’s Tereina partnership will add USDC and EURC payments to existing SAP enterprise workflows. The U.S.

Source: crypto.news