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Bitcoin price whipsaws as traders look to the next halving to bring bull market momentum
It was a mixed day for the cryptocurrency market on Thursday as Bitcoin (BTC) experienced slight downward pressure while multiple altcoins put on double-digit gains as traders looked to secure positions in their favorite tokens ahead of a possible bull market runup. For stocks, the day was spent trading in the red as strong labor data in the U.S. all but assured that the Federal Reserve would continue to raise interest rates, prompting traders to adopt a risk-off approach when it comes to equities. At the close of markets, the S&P, Dow, and Nasdaq all finished in the negative, down 0.79%, 1.07%, and 0.82%, ... (full story)