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Bitcoin Dips Below $70K Amid Weak U.S. Jobs Report
- Bitcoin fell below $70,000 after a weak U.S. jobs report showed only 12,000 jobs created in October.
- The U.S. Bureau of Labor Statistics reported the lowest job creation since December 2020.
- The weak jobs report, compounded by hurricane impacts and a major worker strike, has raised fears of a potential recession.
- Bitcoin's value dropped to $68,823 at its lowest point, but currently trades at $69,218.
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