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Stock impact report

Bitcoin and Ethereum Wobble as US Reports Highest Unemployment Rate Since 2021 [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
At the time of writing, Bitcoin was trading for $87,152 after having lost 0.5% in the past day, according to crypto price aggregator CoinGecko. Bitcoin's price was recently at its highest point in the last 24 hours after diving to nearly $85,000 on early Monday. Meanwhile, Ethereum sank below $3,000 late Monday and has yet to recover. ETH was recently changing hands for $2,935 after having lost 3.5% in the past 24 hours. But the dive hasn't dashed hopes that Bitcoin will climb back above $100,000 before it falls further. Users on Myriad, a prediction market platform owned by Decrypt parent company Dastan, think there's a 69% chance Bitcoin gets back to six digits before it drops to $69,000. Major cryptocurrencies have been up and down Tuesday morning since the release of nonfarm payrolls data from the last two months. "In November, the unemployment rate, at 4.6%, was little changed from September," BLS analysts wrote in their new report. "Employment rose in health care and co Show less Read more
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