Bitcoin trades flat at $76,000 as US jobs report awaited, global markets slide

Bitcoin remained stable overnight, holding near $76,000 after U.S. markets experienced significant losses on Thursday. The cryptocurrency continued to show little movement despite considerable volatility across global equity markets. Tech stocks staged a recovery, with the Nasdaq 100 rising 1.5%. However, this rebound occurred as more defensive sectors saw declines. Dow Jones Industrial Average (DJIA) futures, which are weighted toward consumer and healthcare companies, dropped by 1% in pre-market trading. The shift in investor preference contributed to uneven performance across U.S. equity benchmarks. Major Asian indices suffered notable losses overnight. Japan’s Nikkei fell 6%, mirroring a similar drop in South Korea’s Kospi index. The downturn in Asian markets added pressure to the already volatile global financial landscape.

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