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However property of all stripes appeared largely unmoved by Thursday’s jobs knowledge, which confirmed 229,000 Individuals submitting unemployment advantages final week, effectively under the anticipated 245,000, and the U.S. economic system increasing 1.3%, the third consecutive quarter of progress. Earlier this yr and all through 2022, such information may need despatched digital property cascading, however CoinDesk analyst on Thursday highlighted a shift within the good-economic-news-leads-to-lower-crypto- costs narrative.
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