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Brothers and sisters, tonight's US August ADP Employment Report is out, commonly known as the 'mini non-farm.' The data is a bit of a 'cold surprise,' falling below market expectations and marking the smallest employment growth since January this year. However, BTC made a weak rebound, mainly because the bearish news was priced in early, and funds are generally in a wait-and-see mode, waiting for Friday (September 4th) for the official non-farm report to provide final confirmation. No matter how things play out, BTC's downward correction is ongoing.

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