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Bitcoin Falls Following GDP, Jobless Claims Data; SATS, Blur Among Top Losers

Bitcoin BTC/USD moved lower, but the cryptocurrency prices remained above the key $40,000 level on Thursday.

Ethereum ETH/USD also recorded losses, but traded above the key $2,200 mark this morning.

Helium HNT/USD was the top gainer over the prior 24 hours, while SATS (CRYPTO: 1000SATS) turned out to be the biggest loser.

The US economy grew an annualized 3.3% in the fourth quarter, versus market estimates of a 2% rise, and compared to a 4.9% rate in the prior quarter. U.S. initial jobless claims increased by 25,000 to 214,000 in the week ending Jan. 20.

At the time of writing, the global crypto market cap fell to $1.56 trillion, recording a 24-hour decline of 0.5%. BTC was trading lower…

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