Bitcoin.com News - Rising unemployment and economic uncertainty contributed to a sharp decline in both the stock and cryptocurrency markets, triggering significant liquidations

in blockchain •  5 months ago 

https://news.bitcoin.com/markets-in-freefall-us-stocks-plummet-and-crypto-crashes-after-shocking-jobs-report/
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Rising unemployment and weak job growth triggered a stock market downturn, negatively impacting the cryptocurrency market.

Bitcoin and other major cryptocurrencies experienced significant price drops, leading to substantial liquidations in the derivatives market.

The overall economic climate is creating a volatile environment for both traditional and digital assets.

What do you think?

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