“However, significant inflows would depend on broader market sentiment and risk appetite. Currently, however, we’ve recently seen quite underwhelming flows and a lack of “dip-buying,” Kooner said. “If the job market appears more resilient, bitcoin might face downward pressure as the likelihood of near-term rate cuts diminishes.”
U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX’s Collapse
