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Top Powerful Countries: ==[get free USDT Reward](https://www.binance.com/en/my/wallet/account/payment/binancepay/sharecryptoboxes?registerchannel=293258088532942848&ref=LIMIT_CB2I8S1W&theme=global&_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmbmVlZER5bmFtaWM9dHJ1ZSZuZWVkTG9naW49ZmFsc2UmdXJsPWFIUjBjSE02THk5M2QzY3VZbWx1WVc1alpTNWpiMjB2ZTJ4aGJtZDlMMjE1TDNkaGJHeGxkQzloWTJOdmRXNTBMM0JoZVcxbGJuUXZZbWx1WVc1alpYQmhlUzl6YUdGeVpXTnllWEIwYjJKdmVHVnpQM0psWjJsemRHVnlZMmhoYm01bGJEMHlPVE15TlRnd09EZzFNekk1TkRJNE5EZ21jbVZtUFV4SlRVbFVYME5DTWtrNFV6RlhKblJvWlcxbFBXZHNiMkpoYkE9PQ) 1. USA 2. China 3. Russia 4. Germany 5. UK 6. South Korea 7. France 8. Japan 9. Saudi Arabia 10. UAE ~ 11. Israel 12. India 13. Canada 14. Ukraine 15. Turkey 16. Italy 17. Australia 18. Iran 19. Brazil 20. Spain 23. Sweden 26. Mexico 29. South Africa 32. Denmark 34. Egypt 35. Norway 36. Indonesia 37. Poland 40. Bangladesh 46. Philippines 47. Argentina 48. Ireland 50. Kazakhstan 60. El Salvador 66. Czech Republic 67. Hungary 70. Peru 78. Romania 83. Slovenia 84. Lithuania 87. Estonia These countries are influential globally and often make big news and impact global economy.

Top Powerful Countries:

==get free USDT Reward

1. USA

2. China

3. Russia

4. Germany

5. UK

6. South Korea

7. France

8. Japan

9. Saudi Arabia

10. UAE

~

11. Israel

12. India

13. Canada

14. Ukraine

15. Turkey

16. Italy

17. Australia

18. Iran

19. Brazil

20. Spain

23. Sweden

26. Mexico

29. South Africa

32. Denmark

34. Egypt

35. Norway

36. Indonesia

37. Poland

40. Bangladesh

46. Philippines

47. Argentina

48. Ireland

50. Kazakhstan

60. El Salvador

66. Czech Republic

67. Hungary

70. Peru

78. Romania

83. Slovenia

84. Lithuania

87. Estonia

These countries are influential globally and often make big news and impact global economy.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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### Why the Market is Down: US Jobs Report Causes Big Bitcoin Drop, Erases $500 Million in Open Interest The latest US jobs report had a big impact on the cryptocurrency market, causing over $500 million in Bitcoin investments to be wiped out. The US Bureau of Labor Statistics shared mixed news for May. On one hand, they reported 272,000 new jobs. On the other hand, unemployment went up to 4.0%, the highest since January 2022. People worked the same number of hours per week on average, and hourly wages went up by 0.4% in May, which is a 4.1% increase from last year. The private sector hired a bit more than 200,000 people per month over the last few months, compared to 155,000 at the end of last year. The total payroll for private-sector workers grew by 5.4% over the past year, down from the previous range of 6%-6.5%, matching 2018's highs. After this report, Bitcoin’s price fell by 2%, from $72,144 to $70,668, leading to many investors losing money. IT Tech stated, "Over $500 million of Bitcoin open interest was wiped out within minutes. Both short and long positions were liquidated." The mixed signals from the job report caused significant market changes. More hiring suggests a strong economy, but higher unemployment and steady work hours point to weaknesses. Charles Edwards, founder of Capriole Investments, noted, "Unemployment is at its highest since COVID, and markets reacted sharply. Often, the first reaction to these announcements is wrong. We'll see. But it seems like unemployment has bottomed out, suggesting US liquidity will need to increase soon. Rate cuts are likely." Based on the latest jobs report, Bitcoin and other digital assets are expected to remain unstable. Be cautious. If you are a long-term holder, it might be best to stick to your strategy and not panic.
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