Bitcoin Nears Breakout After US Job Data, 125 Bps Fed Rate Cuts This Year
The US non-farm payroll data shows that 142,000 jobs have been added in August, down from what the market was expecting. Following this data, which indicates a cooling Labor market, the market is now betting over a half-point rate cut at the upcoming Federal Reserve’s meeting later this month. Besides, Bitcoin noted recovery after the The post Bitcoin Nears Breakout After US Job Data, 125 Bps Fed Rate Cuts This Year appeared first on CoinGape.