Bitcoin Price Jumps Above $62K As US Jobs Data Boosts Rate Cut Expectation! Here’s What To Expect Next

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The post Bitcoin Price Jumps Above $62K As US Jobs Data Boosts Rate Cut Expectation! Here’s What To Expect Next appeared first on Coinpedia Fintech News Bitcoin’s price surged toward $62,000 shortly after the U.S. government released its Nonfarm Payrolls report. The report, issued earlier today, indicated an unemployment rate for April of 3.9%, slightly above the anticipated 3.8%. This higher unemployment rate suggests that the Federal Reserve might lower interest rates, which typically boosts t...