Bitcoin has experienced a notable dip of 4% this week, trading around $56,700, as global markets show increased caution ahead of the upcoming US jobs report. The decline, which has pushed Bitcoin to near a one-month low, reflects broader anxieties in the financial world and a retreat from riskier assets.
Market Sentiment and Bitcoin’s Decline
The recent drop in Bitcoin’s price is part of a larger trend of market retrenchment.·
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