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08:21
CryptoQuant analyst: BTC's recent surge was driven by futures and may retrace to the starting area
```htmlJinse Finance reported on April 13 that, according to CryptoQuant analyst oro_crypto's April 12 report, Bitcoin has confirmed a bearish market breakout. The recent rebound (from 66,000 to 72,000) was completely driven by futures leveraged capital and lacks support from spot buying. The current market has officially entered a bearish market / correction phase, and the price is highly likely to retrace to the starting region of this round of increases (66,000–68,000 US dollars). If it breaks below this range, it may further test the strong support at 60,000–63,000, which could trigger a chain liquidation.```
08:17
Pantheon Macro: UK labor market remained stable in March
Golden Ten Data reported on April 13 that Pantheon Macroeconomics stated that despite increased geopolitical uncertainty, the UK labor market remained stable in March. According to the employment report from the Centre for Economics and Business Research, the number of permanent job placements in the UK remained at the highest level since September 2022. Additionally, data from the Centre for Economics and Business Research was collected between March 12 and March 25, during which the US and Iran had not yet reached a preliminary ceasefire agreement, which may have provided some boost to market sentiment. However, geopolitical tensions may still put pressure on the labor market. Given that the Middle East conflict is unlikely to be resolved quickly in the short term and that energy prices may remain high for an extended period, we still expect recruitment activity to be weak in the coming months.
08:04
US precious metals stocks fall in pre-market trading
Glonghui, April 13 — Before the US stock market opened, precious metals concept stocks fell: Newmont Mining dropped 2.4%, Coeur Mining dropped 2.4%, Pan American Silver fell 1.7%.
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