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[From CoinMarketCap] $BTC $BNB $ETH What Caused the Cryptocurrency Decline?? The drop in cryptocurrency prices, including Bitcoin, was primarily triggered by the latest Non-Farm Payroll data, which exceeded expectations by more than 20%. Additionally, wage increases saw a monthly rise of 0.4%, signaling persistent demand inflation. These economic indicators have raised concerns among investors and analysts alike. How Is the Fed Reacting to Market Conditions? The sudden decline in BTC has cast doubt on whether the Federal Reserve will proceed with a rate cut before December. The market is now divided, with half of investors predicting a rate cut in September. This uncertainty could lead to volatile movements in the cryptocurrency market, especially if significant net outflows are observed in ETF channels post-market close.
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Get ready for an avalanche of "I told you so" posts 🤺🏄♂️
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Markets are brutal
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I think I'm losing my mind 🥴
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CZ did nothing wrong #czprison #BNBbull
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Najnovejše novice
Interest Rate Derivatives Traders Predict Significant Rate Cuts By End Of Next Year
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Bitcoin Falls Below $60,000 Ahead Of Anticipated Fed Rate Cut
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FB Falls Below $24 With Significant 24-Hour Drop
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Yuga Labs Co-Founder Comments On DeGods' New Token Launch
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