interest rates

Bitcoin Price Drops as Strong US Job Market Signals Potential for Continued High Interest Rates

Bitcoin Price Drops as Strong US Job Market Signals Potential for Continued High Interest Rates

Bitcoin dropped below $100,000 after strong US jobs data signaled potential for sustained high interest rates, making less risky investments more appealing. This highlights Bitcoin’s sensitivity to macroeconomic factors and investor sentiment around monetary policy.

Bitcoin Price Drops as Strong US Job Market Signals Potential for Continued High Interest Rates Read More »