A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market. Bitcoin’s […]
Original
Related posts
-
Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’
Blackrock Inc.’s head of digital assets, Robert Mitchnick, recently shared his thoughts on bitcoin during a... -
Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why
Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares... -
Marathon upsizes convertible note offering to $850m to buy more Bitcoin
Crypto mining company Marathon has upsized its convertible note offering by $150 million to buy even...