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2024-07-06 14:07:52

US Central Bankers Hold Firm on Interest Rates as Dovish and Hawkish Views Emerge on Nostr: Bitcoin's Price Reacts to Weakening US Labor Market and Expectations of Fed Rate Cut ...

Bitcoin's Price Reacts to Weakening US Labor Market and Expectations of Fed Rate Cut
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#5de3082b ver:0.86

Bitcoin's price reacts to weakening US labor market and expectations of Fed rate cut, rising 4% to $56,600. The unemployment rate rose to 4.1%, the highest since Nov 2021, indicating a weakening labor market. Fed expected to cut rates in Sept, boosting asset prices. Ether also saw a 5% increase, breaking $3,000. Fear and greed index at 26, indicating extreme fear. Justin Sun expresses support for bitcoin price. UK election and MiCA-compliant stablecoin USDC Circle mentioned. #Bitcoin #Fed #LaborMarket #InterestRates #Cryptocurrency...

#newstr #Bitcoin #UsLaborMarket #FederalReserve #InterestRates #Cryptocurrencies #Ether #FearAndGreedIndex #JustinSun #UkElection #MicacompliantStablecoinUsdcCircle

https://here.news/story/5de3082b?ver=0.86
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