Bitcoin's

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price dropped below $70,000 on Friday, affecting the whole crypto market. Bitcoin itself went down 2% to $69,000, the biggest drop in one day since April. The drop might be because of a strong US jobs report, which suggests there won't be any interest rate cuts soon, not good news for crypto in the short term. Other cryptocurrencies like Ethereum, Binance Coin, and Solana also saw drops of 3-4%. Do you think this is just a temporary problem or a sign of bigger issues ahead? Let us know your thoughts! #bitcoin #Binance55thProject(IO) #TopCoinsJune2024