Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says
Submitted by Anonymous (not verified) on Sat, 10/05/2024 - 05:00

Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.




Before this morning's jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.<
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