Crypto Struggles As Jobs Slashed In US ? XRP At $.35 Resistance, BTC Hits New 2018 Low

Crypto Struggles As Jobs Slashed In US ? XRP At $.35 Resistance, BTC Hits New 2018 Low

GM just announced that they are closing 4 factories in the US, 1 in Canada, 1 in Korea, and 2 more as yet unnamed factories outside the US. They are also slashing their salaried workforce by 15% in an effort to save $6B by the end of 2023.

XRP dropped decisively through the $.40 support and is now finding resistance at $.35. Bitcoin (BTC) set a new yearly low at $3456 and is now trading near $3700.

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