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Bitcoin Price on the Cusp of a Bearish Breakout
The BTC/USD pair remained under pressure on Wednesday morning as the recent consolidation continued. Bitcoin was trading at $112,000, down from the year-to-date high of $124,250. Bitcoin Price Waits For US Inflation Data The BTC/USD pair retreated after the US published the latest jobs report from the United States. This report revealed that the number of payrolls in the economy was much lower than previously expected. The number was revised downwards by 911,000, the biggest revision in years. Before that report, the non-farm payrolls numbers showed that the economy added 1.8 million jobs in the year to March or ... (full story)
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