Tag: U.S. jobs data
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Bitcoin Under Pressure Amid Fed Rate Uncertainty Post Jobs Report
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Bitcoin (BTC) stumbled at the start of the week as robust U.S. jobs data prompted investment banks to reassess Federal Reserve (Fed) rate expectations. The flagship cryptocurrency slipped below $93,000, marking a 1.6% decline, with broader risk assets also trading weak. Bitcoin Falters Below Key Support Levels Bitcoin, the largest cryptocurrency by market value, dipped…