Bitcoin's price decline sparks market concern, risk assets fall across the boardBitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly
Bitcoin's price decline sparks market concern, risk assets fall across the board
Bitcoin recently hit a one-month low, fueling market anxieties and leading to a widespread decline in global risk assets. The cryptocurrency plunged over 4% at one point before recovering slightly. As of 13:32 Singapore time, the decline has narrowed to 3%, with Bitcoin trading at $56,461. Other major cryptocurrencies, including Ethereum, have also experienced declines. Market traders are closely watching the US employment report due out on Friday, seeking signs of a slowdown in the economy.
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