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After yesterday’s NFP release, crypto and gold initially dropped sharply, while tech stocks moved higher.
The strong jobs data raised concerns about overheating and persistent inflation, but the unusually large beat has also made the market question the data.
That could explain why gold and crypto quickly stabilized.
If doubts around the data continue, crypto could see a V-shaped recovery.
For now, $BTC and $ETH remain focused on inflation data and Fed policy.
$BTC $ETH $ZEC
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BTC/USDTBitcoin
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