Skip to content

US employment data impact

Bitcoin Tumbles 4% as Powell’s Rate Uncertainty and Weak Jobs Data Shake Crypto Markets

Bitcoin faced a 4% price correction, sliding to $115,800 following Federal Reserve Chair Jerome Powell’s ambiguous comments regarding potential September rate cuts and disappointing U.S. employment figures. The cryptocurrency’s decline underscores mounting market apprehensions about economic deceleration and eroding investor… Read More »Bitcoin Tumbles 4% as Powell’s Rate Uncertainty and Weak Jobs Data Shake Crypto Markets