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The Nexus
BUSINESSMay 8 · 14:02 UTCTHE BLOCKNaga Avan-Nomayo

Bitcoin rally cools as April jobs fails to break macro ceiling with Iran tensions and ETF outflows in play

Bitcoin's rally has cooled down due to various factors including Iran tensions and ETF outflows, despite the April nonfarm payrolls beating expectations. The cryptocurrency is currently holding near $80,200. This development comes as a result of multiple influences on the market.

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