Crypto Market Faces Pressure as Strong US Jobs Data Weakens Rate Cut Expectations
Bitcoin pulled back over 2.2% on Thursday, leading a broader cryptocurrency market decline. The unexpected pullback followed a stronger-than-expected US unemployment claims report. The indicator, which measures the number of individuals who filed for unemployment insurance for the first time during the week under review, came out at 187,000, significantly lower than the expected 211,000, […]
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