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Bitcoin Price Stability Amidst Altcoin Drops

Jul 2, 2024

The price of Bitcoin has shown resilience at $62,000 while alternative cryptocurrencies face notable declines. Recent fluctuations in Bitcoin's value were impacted by the latest Job Openings and Labor Turnover Survey (JOLTS) data, revealing robust employment figures. Federal Reserve Chair Jerome Powell hinted at potential easing in this area; however, the data surpassed expectations, leading to expert opinions on the market's future.

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