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Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Markets

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MARKET WRAP: $BTC continues to dance around the $20,000 mark as investors await Friday’s Non-Farm Payrolls and unemployment data. GWilliamsJr_CMT and _jocelynyang_ report

Bitcoin traded slightly higher on Thursday and most cryptocurrencies spent much of the day in positive territory.

Continuing claims also rose. The 1.36 million in continuing jobless claims was more than five times higher than the consensus estimate of 203,000. Friday’s jobs data is part and parcel to the macroeconomic narrative that has driven both traditional and digital asset prices. Markets still appear to be in a “bad news=good news” environment. Increased job losses typically signal that the economy is slowing and that inflation will likely decline.

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 /  🏆 291. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

GWilliamsJr_CMT _jocelynyang_ This is a great opportunity to spend more usdt to buy cheap bitcoin

GWilliamsJr_CMT _jocelynyang_ Be very careful of $OG I swear go down hard to $3❌🚫📛⛔️🔻🔻

GWilliamsJr_CMT _jocelynyang_ sounds like normal market expectation

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High – Market Updates Bitcoin NewsBitcoin continued to trade above $20,000 on Wednesday, as the token remained near a two-week high. Ethereum was largely unchanged. Why is everybodyy silent on thiss. . Wacth this🚀 . Lol, I only listen to ChiefraFba for signals and analysis
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