Bitcoin closed its Thursday trading session in red even as an optimistic June employment report boosted risk-on sentiment. The cryptocurrency’s losses contrasted gains on Wall Street, showing first signs of decoupling after weeks of strong positive correlation. At the same time, the plunge showed Bitcoin second-guessing the US economy’s recovery amid rising COVID cases. Did Bitcoin spot a significant error in an otherwise positive US jobs report? Apparently, yes. The benchmark cryptocurrency plunged by a […] read whole article

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