First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report

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$BTC is trading at about $17K ahead of the U.S. jobs report, which is expected to show a sizeable slowdown in hiring. LedesmaLyllah reports .

). The new rates will be calculated and published starting on Dec. 19. They aren’t tradable futures products now.because the crypto market is moving toward decentralized finance. For now, the exchange is trying to keep customers' trust after the collapse of rival exchange FTX by implementing"proof of reserves," which is a way to show customers that their assets are fully backed by liquid assets.The chart shows a renewed uptick in the U.S.

The data suggests the consumer price index may moderate slower than markets anticipate, delaying the potential Federal Reserve pivot away from liquidity tightening. Risky assets, including cryptocurrencies, have taken a beating this year predominantly because of the Fed's liquidity tightening.

 

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LedesmaLyllah I think bitcoin will start to rise in the near future. I'm looking for the best entry point to open a long on bitfinex

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