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Bitcoin rebounds from drop with equity indices as strong US jobs data poses challenge to Fed rate
Bitcoin rebounds from drop with equity indices as strong US jobs data poses challenge to Fed rate

Bitcoin ticked higher despite global equity indices dropping after stronger-than-expected U.S. employment data.Strong labor market indicators suggest inflationary pressures might persist, making the U.S. Federal Reserve more cautious about ending its higher-for-longer interest rate policy.

The Block·2024/06/07 14:28
Flash
  • 16:58
    Linea: 476,000 witch attack addresses found, will not be airdropped
    Linea has announced the completion of an additional witch attack analysis against LXP holders. The analysis found approximately 476,000 addresses showing clear signs of witch attack activity, which will be added to the existing blacklist and will not be eligible for LXP token airdrops. Users who believe they have been incorrectly flagged can submit a complaint via the feedback form within the next two weeks (as of January 29, 2025 at 23:59 UTC.) Linea has indicated that this is the last planned witch attack review and that the final blacklist will be updated in mid-February 2025.
  • 16:57
    Crypto Funds Net Inflows of $2.2 Billion Last Week, Record Managed Size
    Gold Finance reports that global crypto funds managed by BlackRock, Bitwise, Fidelity, and Shades of Gray recorded net inflows of $2.2 billion last week, the largest single-week inflows so far this year, according to a new report from asset management firm CoinShares, driven by “Trump inauguration anticipation” and positive cryptocurrency price movements. This pushed crypto fund assets under management (AUM) to a record high of $171 billion.
  • 16:56
    BTC breaks above $107,000
    Golden Finance reported that the market shows that BTC broke through $107,000, now at $107,011.1, up 1.96% in 24 hours, the market fluctuates, please do a good job of risk control.
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