Key takeaways:
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Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin.
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Pro traders are incurring high costs to protect against Bitcoin price drops, while in China, stablecoins are being sold at a discount to exit the crypto market.
Bitcoin (BTC) faced a $2,650 pullback after failing to break above $92,250 on Monday. The move followed a reversal in the US stock market amid uncertainty over job market conditions and growing…
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