The price of Bitcoin fell below US$ 86.000 after another decline in technology stocks 📉. The drop is attributed to several factors, including employment data in the US, stock market rotation, and outflows from ETFs.
- *Bitcoin price drop*: The price fell to US$ 85.500, with losses of 2.4% in 24 hours and 7.2% in the week 📊.
- *Liquidations in the derivatives market*: Approximately US$ 481 million were liquidated in the last 24 hours, with US$ 331 million in long positions 💸.
- *Employment data in the US*: 105,000 jobs were lost in October and 64,000 were created in November, with the unemployment rate rising to 4.6% 🤔.
- *Stock market rotation*: Outflows from the technology sector towards defensive sectors, such as healthcare 📈.
