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Bitcoin and Ether Fall Ahead of Payrolls Report; QQQ Slides 6.49%

The Philadelphia Semiconductor Index fell more than 12% Thursday, while VIX climbed nearly 70% overnight. The U.S. nonfarm payrolls report is due at 8:30 a.m. ET.

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Two metal tokens slide down a sharply tilted dark surface / TokenPost.ai
Two metal tokens slide down a sharply tilted dark surface / TokenPost.ai

Bitcoin and Ether fell early Friday, with Bitcoin down 6.06% to $75,611 at 3:17 a.m. ET (08:17 UTC), ahead of the U.S. jobs report due at 8:30 a.m. ET.

Ether traded at $2,227.50 at the same time, down 8.02% over 24 hours.

U.S. stocks sold off Thursday. QQQ fell 6.49%, the Philadelphia Semiconductor Index dropped more than 12%, and VIX rose nearly 70% overnight.

The nonfarm payrolls report is scheduled for 8:30 a.m. ET (13:30 UTC) Friday.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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