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Bitcoin (BTCUSD) Rallies on Mixed US Jobs Data Fueling Fed Rate Cut Hopes

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • US labor data shows a sharp October jobs drop and modest November gain, suggesting a cooling economy.
  • This boosts hopes for Fed rate cuts, supporting Bitcoin and risk assets amid expected short-term volatility near $90,000.
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BTCUSD price history

75843.45 +15.37% over the displayed period

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