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 […]Markets and Prices, 21shares, Bitcoin, BTC, Crypto, crypto market, Crypto Prices, Cryptocurrency, Fed rate cuts, Federal Reserve, Jobs Report, labor market, rate cuts, U.S. jobs reportRead More

You might also be interested in reading IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning.