Despite a robust job market with 228,000 new positions in March, Bitcoin’s trading is largely sideways. Its market cap is 1.65 trillion USD, reflecting a minor change in dominance at 62.68%. XRP, on the other hand, stands at 2.05 USD, reflecting market resistance.
Current trading volume for Bitcoin dropped by 21.28% to 42.5 billion USD, suggesting reduced market activity. The mixed views on the Fed’s rate cuts seem to have limited Bitcoin’s response to positive job data, while XRP faces a similar bearish trend.
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