Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report

bitcoin retakes 30k asian stocks hit 5 week low ahead of u s jobs report

The leading cryptocurrency by market value rose almost 1% to touch $30,300, reversing some of Thursday’s slide. The MSCI’s broadest index of Asia-Pacific shares, excluding Japan, extended the prior session’s weakness to drop to a five-week low, while U.S. stocks registered notable losses after a blowout ADP private-sector employment report for June raised concerns of higher interest rates.

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