Bitcoin and Major Altcoins Face Declines as Employment Data Looms

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Coin-Turk 11 months ago 151

Today, the cryptocurrency market witnessed a downward trend for Bitcoin (BTC ($85,835.00)) $93,996 and significant altcoins like Ethereum (ETH ($2,927.69)) $3,265 and XRP ($1.88). Bitcoin dropped to the $92,000 level, while ETH and XRP experienced declines of approximately 2.51% and 3%, respectively. These decreases occurred as the markets await the upcoming U.S. employment data, with a strong jobs report potentially influencing interest rate expectations and further impacting cryptocurrency valuations.

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