Bitcoin Plunges 4% And Hitting $45,000 In 2026 Is A Coinflip's Chance, Polymarket Says

Bitcoin (CRYPTO: BTC) dropped below $70,000 on Friday morning after the U.S. economy unexpectedly shed 92,000 jobs in February, and macro analyst Benjamin Cowen warned the March rally was a textbook bull trap that may now be over.What HappenedNonfarm payrolls came in at negative 92,000, far below the 59,000 consensus and a sharp reversal from January’s revised 126,000 gain. Unemployment rose to 4.4%. The SPDR S&P 500 ETF Trust (NYSE:SPY) fell below 6,800 as oil headed for its biggest weekly gain since the e ...