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Tag: Weekly

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US Weekly Jobless Claims Hit 1969 Low: What Does It Mean For Crypto?

US jobless claims fell to 187,000, the lowest weekly reading since September 1969. CME FedWatch puts hike odds at 33.7%, up from 11.8% a week earlier. Rate hikes, if they come, could pressure Bitcoin and other risk assets. US initial claims for state jobless benefits dropped by 22,000 to 187,000 for the week ending July…
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Pi Network Extends Weekly Losses to 15% – What’s Next for PI

In Brief Pi Network’s token, PI, has dropped 10% in a week, continuing its steady decline from its $3 peak in February. The MACD indicator shows deepening bearish momentum, with PI’s MACD line below the signal line. Negative Balance of Power (BoP) indicates strong seller dominance, signaling further downward pressure on PI’s price. Pi Network’s…
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