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Bitcoin Still in Death Cross as Jobs Miss Cuts Rate-Hike Odds

Decrypt·August 7, 2026·1 min read
Bitcoin Still in Death Cross as Jobs Miss Cuts Rate-Hike Odds

Bitcoin remains in a death cross pattern as a soft July payrolls report lowered September rate-hike odds. The jobs miss gives risk asset investors hope, but Bitcoin stays in bear territory. The cryptocurrency has not yet recovered despite the improved macroeconomic outlook.

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