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US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity /
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2024-05-03 19:59:27

US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin Price Surges Above $60,000 Following US NFP Data Miss =============== ...

Bitcoin Price Surges Above $60,000 Following US NFP Data Miss
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#4b5de303 ver:0.38

The Bitcoin price surged above $60,000 as the US NFP data missed expectations. Analysts believe that actions by the Federal Reserve and Treasury could restrain the dollar's rally, benefiting Bitcoin and Ether. Crypto markets rose following the release of the US jobs report, with Bitcoin trading at $61,800 and Ether at over $3,000. The surge in the crypto market can be attributed to the Fed's monetary policy stance and PayPal's partnership with MoonPay. However, it is important to exercise caution and conduct due diligence when investing in volatile assets like cryptocurrencies. #Bitcoin #cryptocurrency #Fed #NFP...

#newstr #Bitcoin #Ether #UsFederalReserve #UsTreasury #CryptoMarkets #UsJobsReport

https://here.news/story/4b5de303?ver=0.38
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