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Jobs Report: Bitcoin's Wage Dilemma
Published 2 weeks, 4 days ago
Description
Bitcoin traders await U.S. jobs report, with a potential weaker hiring picture signaling steady interest rates. However, rising wages and oil prices could fuel inflation fears, impacting bitcoins trajectory. Analysts anticipate solid support at $75,000, while upcoming Fed meeting minutes and oil volatility are key watchpoints. A softer wage growth could boost risk assets, but hotter numbers may maintain pressure.
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