Eyes on key U.S. employment data as crypto bulls take a breather: Crypto Week Ahead

Eyes on key U.S. employment data as crypto bulls take a breather: Crypto Week Ahead

Summary

Bitcoin pulled back after a strong rally, falling more than 2% in 24 hours and about 1% since Friday as it retreated from the $84,000 level. Investors are weighing the recent gains against a busy U.S. economic calendar, including jobless claims, housing data and durable-goods figures, after the Federal Reserve raised its benchmark rate to 4%. Markets are also assessing policy decisions from the Bank of Japan and Bank of England.