US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin Surges Above $63,000 as Crypto Market Turns Green =============== #4b5de303 ...

Bitcoin Surges Above $63,000 as Crypto Market Turns Green
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#4b5de303 ver:0.4

Bitcoin surges above $63,000 as crypto market turns green following a softer-than-expected US jobs report, easing concerns about higher interest rates. Analysts believe specific Federal Reserve and Treasury actions could restrain the dollar's rally, benefiting Bitcoin and Ether. Traders anticipate rate cuts and increased institutional investment, while cautioning against quick returns to March highs. Long-term fundamentals for Bitcoin remain bullish, with a favorable opportunity for investors to accumulate assets. Exercise caution and due diligence when considering volatile asset classes like cryptocurrencies. #Bitcoin #CryptoMarket #FederalReserve #InterestRates #InstitutionalInvestment...

#newstr #Bitcoin #Cryptocurrency #Market #Surge #InterestRates #ArthurHayes #Bitmex #Ether #GrayscaleInvestments #GrayscaleBitcoinTrust #Gbtc #Inflows

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