CryptoBearishDecrypt · 3h ago7/10
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Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence
Bitcoin has fallen below $60,000, representing a 50% decline from its October peak, amid broader cryptocurrency market weakness exacerbated by a Zcash vulnerability. The decline follows strong jobs data that typically strengthens the U.S. dollar and raises interest rate expectations, creating headwinds for risk assets including cryptocurrencies.
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