The price of bitcoin has dropped to levels not seen in over a month, down about 3% in the past 24 hours. This sell-off in crypto is a result of nervousness ahead of the December employment report. The broader CoinDesk 20 Index is also down, with solana and chainlink experiencing double-digit percentage losses. The recent rally in crypto was driven by Donald Trump's November victory and hopes of friendlier regulations, as well as easier monetary policy. However, strong economic data and inflation have led to higher long-term interest rates, causing concerns in the market. The upcoming jobs report could further impact market sentiment.



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