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Bitcoin Slides as Hotter Payrolls Reignite Fed Rate Hike Fears

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin and crypto-related stocks dropped following a hotter-than-expected U.S.
  • payrolls report.
  • Strong labor market data lifted Federal Reserve rate-hike expectations and strengthened the U.S.
  • dollar, dampening risk appetite across speculative digital assets.
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BTCUSD price history

76186.43 +13.72% over the displayed period

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