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Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%

Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%

Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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