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Bitcoin Is Heading For Its Third Straight Winning Week. A Strong Jobs Report Complicated The Rally.
Traders shifted into bitcoin and gold as Treasury moves and a stronger-than-expected jobs report lifted rate-hike odds, Reuters reported.
Summary by IBTimes
5 Articles
5 Articles
What strong jobs data means for rates — plus, an out-of-favor trade shines this week
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks dipped on Friday following the strong August employment report. Still, the S & P 500 was on track for a positive week.…
Bitcoin advances towards its third consecutive week of profits and recovers levels that it has not visited since May, while volatility of stocks, bonds and currencies once again drives the search for alternative assets to the dollar.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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