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Bitcoin fell sharply during a recent risk-off phase but recovered to around $69,000. Market sentiment remains cautious due to upcoming key economic data and Fed speeches, with tech sector stabilizati…
Asian shares and Wall Street fell amid hawkish Fed comments reducing rate cut expectations; US dollar weakened despite rising yields, with economic data uncertainty adding to market volatility.
Labor reports signal weaker US jobs in August—lower ADP gains, rising layoffs and claims—raising odds of a downside surprise in Friday's BLS payrolls and adding volatility ahead of the September FOMC.