U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX’s Collapse

U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX’s Collapse

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“Nonetheless, important inflows would depend upon broader market sentiment and danger urge for food. Presently, nevertheless, we have not too long ago seen fairly underwhelming flows and an absence of “dip-buying,” Kooner mentioned. “If the job market seems extra resilient, bitcoin may face downward strain because the probability of near-term charge cuts diminishes.”

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