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Cointelegraph.com News17m

Bitcoin price dips under $75K as crypto markets miss tech-stock rebound

By Cointelegraph by William Suberg

BTC price action stayed weak after US nonfarm payrolls data significantly beat forecasts, increasing bets of a December interest-rate hike.

Read Original Article

#Interest rates

Explained in this story

Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

More about Bitcoin

Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

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