US Treasury’s Remarks Stir Crypto Market Dynamics
2025-07-03 16:46:29
Main Idea
Bitcoin briefly surpassed $110,000 but retreated to around $109,000, with market dynamics influenced by US Treasury remarks and strong employment data without an expected July interest rate cut.
Key Points
1. Bitcoin briefly exceeded $110,000 before settling around $109,000.
2. Strong employment figures did not lead to an expected July interest rate cut.
3. The US Treasury emphasized preventing a reversion to April’s rates and noted tariffs have not caused notable damage.
4. Trade discussions with EU officials are ongoing, with further engagement planned.
5. Real interest rates remain high, impacting economic activity.
Description
The week presents critical volatility in the market due to upcoming tariff announcements. Bitcoin experienced fluctuations, currently steady around $109,000 post peak. Continue Reading: US Treasury’s Remarks Stir Crypto Market Dynamics The post US Treasury’s Remarks Stir Crypto Market Dynamics appeared first on COINTURK NEWS .
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