$Bitcoin (BTC.CC)$ moved lower, with the cryptocurrency prices falling below the key $64,000 level on Thursday.
On the news, stocks like $Coinbase (COIN.US)$ fell. $Marathon Digital (MARA.US)$ fell 2,6%, $Riot Platforms (RIOT.US)$ fell 2.6%.
U.S. initial jobless claims declined by 5,000 to 207,000 in the week ending April 20, compared to market estimates of 214,000. The U.S. economy grew an annualized 1.6% in the first quarter, marking a notable slowdown from the 3.4% rate in the final quarter of 2023
At the time of writing, the global crypto market cap fell to $2.36 trillion, recording a 24-hour decline of 4.3%. BTC was trading lower by 3.9% at $63,990 while ETH fell by around 4.7% to $3,127 on Thursday.