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Bitcoin to follow stock market’s lead ahead of key US jobs report

Bitcoin to follow stock market’s lead ahead of key US jobs report


Cryptopolitan
2024-09-06 12:40:09

Bitcoin and other major cryptocurrencies are closely watching how the stock market reacts to the upcoming US jobs report. Data shows a 30-day correlation coefficient for Bitcoin and the MSCI World Index reaching 0.60, which is one of the highest levels ever recorded. A coefficient reading of 1 would mean Bitcoin and the stock market


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