Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of the ADP National Employment Report, revealing an addition of 2.4 million jobs in the nonfarm private sector in June. Meanwhile, analysts warned about deeper corrections in both the Bitcoin and S&P 500 market. Bitcoin price inched higher on Wednesday after taking cues from similar upside moves in the S&P 500. […]
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